Replies to post #6689 on Southern Home Medical Inc (SHOM)

[10 bagger]

The blocks as you call them are nothing more than the tailend of orders placed by sellers/buyers and since almost all tend to buy this stock in 1000's the amounts less than 1000 are bought by market makers to complete the orders.. Example 100,000,923 for sale.. The bid come in for 100,000 and the 923 must be taken into position by the market maker to complete the order.. This causes 2 prints.. hank

[MadBrewer]

I've heard 100-200-300 blocks signals to other mm's;
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.

I've also read it's all an urban myth;
a phone call-text-IM would be easier YET,
wouldn't that be a trackable manipulation of a stock in the eyes of the SEC, or at least someone would care & might do something/look into it?

Others claim it's just mm's trying to fill some odd-ball orders ie; 12,300, 50,150 shares etc, (nice cover).
Odd, it seems all of the "stories & myths" has "mm" in it & if you "read the grammer & style", something I see from my kids.

I for one see it as a very cheap way for mm's to drive a stock down to "create a false sence of selling" & a little panic to
"shake the tree" loose of cheap shares.

Irregular trading pattern, especally in the volume of the blocks being traded,
surprised not more are talking about this.
We've been hangin' 10-12 for a bit &
suddenly today we hit 88 today?,
based on a bunch of 100-500 trades?
I don't see any 100k-1M blocks traded today either.
Some people, (not investors) want this "down" & did it, question= WHY?

Ma & Pa Keddle aren't trading 500 shares @ .009-.012= $4.50-$6.00+ $7.00 comm "x2" trying to "beat the market".

Seems like it could/starting to be methodically walked down.

Cheers

[MadBrewer]

Today's trading is strange. Lots of blocks going through under 1000 shares (100, 200, 300, etc). That's what I was making reference to.
Tuesday, August 02, 2011 3:27:59 PM
Post #6689

Great call G, we got slammed down to 58 in a week for NO REASON;

Date------ Open- High-- Low- Close Volume------ Change %
08/10/2011 0.007 0.007 0.005 0.006 2,948,895 -7.69%
08/09/2011 0.006 0.007 0.006 0.006 476,150.. -4.41%
08/08/2011 0.008 0.008 0.007 0.007 1,825,457 -2.86%
08/05/2011 0.008 0.008 0.007 0.007 4,026,115 -5.41%
08/04/2011 0.008 0.008 0.006 0.007 1,901,901 -8.64%
08/03/2011 0.009 0.009 0.007 0.008 4,777,761 -7.95%
08/02/2011 0.010 0.010 0.009 0.009

We were happy @ .01 for months til your post.
There was no news, no speculation.

The only reson it dumped was those;
"Lots of blocks going through under 1000 shares (100, 200, 300) etc". under the bid.
Heck, I pulled some out thinking 50 would be a good round number, as an ex EMT, you have to stop the bleeding sometime.

Made a GREAT "heads up", keep it coming,
some here can't watch a penny stock everyday,
PTA, softball, basketball, in-laws, etc.

Cheers