News Focus
News Focus
icon url

westcoastcash

03/29/11 3:28 PM

#3191 RE: qtipjoe #3190

Looks like a few sellers in around that 50 cent range.....To keep the market maker from selling the bids have to be built up along the way....
..First in the twenties to see what comes out,

then in the thirties to see what comes out,

then in the forties to see what comes out...ect. all the way up.

Right now the MM only sees 1 bid at 20 cents so he's happy to sell or short you stock at 49 cents. All in my opinion only
icon url

doinit

03/29/11 4:48 PM

#3196 RE: qtipjoe #3190

I bought in here a long time ago ,, finally seeing some response !!!!
icon url

Jackroch

03/29/11 10:09 PM

#3211 RE: qtipjoe #3190

Qtip could you please post for us a closing Level II? This last one here was about an hour before the close. I would like to see where each of the MMs now stand now that the stock is trading at around 49 cents.

Thanks.