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Jackroch

05/13/11 7:15 AM

#3784 RE: Hockmir #3783

I have been putting more orders in for All or Nothing and specifying for my broker to route the trades to AUTO. I don't know exactly what happens when AUTO has to fill the order at the price NITE has set. I assume he is owed the shares from NITE who seems to always have shares at all times even though people are not selling them to him. I wonder what happens when they have to settle up between each other.

HDSN is claiming to have 9000 shares available at 25 cents and I would like to get my hands on those but NITE is in the way. We rarely complain over here about getting cheap shares. I have picked up so many at a "discount" that it is ridiculous. However what is slightly vexing is that he claims to have 5000 shares at 20 cents (see Ask) and then fills 100 at 11 cents. Just FILL the order dude if you have shares.

Until your post I thought that 100 share trade at 11 cents was someone helping the market maker tank the stock. I should have known better. NITE does not need any help doing that he has an endless list of tricks.

I am wondering just how long it will take for someone on I-Hub with hundreds of followers to catch on to what is happening here and blow Gabriel's horn. When that happens I think we could expect NITE to get off the Ask and let the stock move up.

This being Friday and with the financials coming out Monday, my prediction is that shortie will be doing all possible to take the stock down, possibly by selling another 100 of your order at 11 cents. This strategy was invented by a child or a sociopath.

I would possibly counter this by revising the order to All or Nothing and asking your broker if you can specify the ECN/market maker to route to.

No matter what happens today we win. Buy and hold, buy and hold, buy and hold. When the walls come down those holding their shares are the victors.