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Seann

03/14/11 11:59 PM

#10037 RE: Er0ck #10035

So who got the shares? The MM's obviously--why do they get to buy cheap shares such as this?
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steved_45

03/15/11 12:02 AM

#10040 RE: Er0ck #10035

I think the moral of the story is that if you want some shares, you need to buy at the ask, don't sell at the bid, and don't set a stop-loss.

Personally, I don't believe in MM manipulation. I think it's all about buyers bid-sitting because they know they can and desperate fools liquidating at whatever cost. I've been involved in massive runs leading to parabolic spikes several times only because I was patient and stuck with my conviction about the security.