Replies to post #40575 on 02 Secure Wireless, Inc. (OTOW)

[Sccrbrg]

Lol, it does. But at least it's a white candlestick as opposed to all of those nasty reds leading up to it. 

I'm still not sure whether or not I buy that it was a market order, or if it was just a paltry attempt at scare tactics. 

But either way,

Blue Horseshoe loves o2 Secure Wireless

Rofl,

Great movie, couldn't help myself.

[The Law (f/k/a emz)]

spoke to a buddy of mine high up at a major brokerage house. he told me that margin calls/forced sales are put in by the brokerage unilaterally as a market order, and nothing client can do about it. His opinion/guess is that somebody got creamed on Friday/Monday, had a margin/house call and his OTOW shares were put up for sale "at market" before the open yesterday- making it very easy for MMs to open with a rediculously low bid to grab those shares- just a theory,not anything factually confirmed