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fireballz

05/05/12 1:04 PM

#6454 RE: es1 #6453

There are many different ways people like to buy/sell shares. For me, the most effective method of buying has been to place half the cash on the ask and follow the other half on the bid. If theres a 2 tick gap ill break up the bid into 2 purhases to tighten the spread. I beleive this method not only provides the stock with the bid it needs but the ask slaping necessary to move the price. If the price drops then you net about 1 tick of immediate down average. Kind of like a navy seal peel back. You want to save ammo just in case you get walked down. I like this method because i will generally repeat this method 10 times until i get what i need and it usually works. Nice thing also about it, is that flippers hate this so much. They not only lose shares at the ask but they find it more difficult if your also placing bids in front of theirs. Lastly for insurance i will place a large bid order at half my average just in case we are hit harder than anticipated. if that bid fills i will start flipping for house shares. JMHO but this helps the stock in every way without me having to see giant losses in my portfolio in the process. AGIJ
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Grey_Man

05/05/12 1:08 PM

#6455 RE: es1 #6453

Well, in this particular instance the only option is not that the company may be lying. My understanding is that the claimed numbers we have could be due, in part at least, to shorts. This would mean they would be required to buy back many many shares, which is a good thing for us, right?