AGREE.ESPECIALLY IF YOU PUT UP A BIG BLOCK ON THE OFFER.1)PROVOKES SELLER OF THE 504 TO HIT THE BIDS.2)FREEZES BUYING ON THE OFFERS.3)DILUTES COMPANY FASTER.
HE THINKS THAT IF A FLIPPER BOUGHT AT .0006,AND TRYING TO SELL AT .0008 HE WILL STOP THE FLIPPER TO SELL AT .0008 BY HIM PUTTING A BIG BLOCK ON THE OFFERS.NO IT DOES NOT WORK THAT WAY.ALL HE DOES IS DISCOURAGES BUYING ON THE OFFERS,AND FEEDS THE FLIPPERS MORE CHEAP SHARES,BY PROVOKING THE 504 TO SELL LOWER RIGHT ON THE FLIPPERS HANDS.THUS THE O/S GETS FLOODED WITH SHARES FASTER.