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Micro Penny Stocks, Penny Stocks $0.10 & Under
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WALKER FINANCIAL >>>> WLKF >>> LOW FLOATER >>>> BOUNCE BACK !
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[QUOTE]Originally posted by skip: [QB] [QUOTE]Originally posted by will: [qb] I also noticed ARCA on Ask out at .011. I don't think a lot of people understand who and what ARCA is. I am not 100% myself, but for a good while now, I see him, (it) killing runs, selling on the Ask. I believe him to be MM's wholesaler, clearing house, if you will, for dilution. You also see him on the Bid sometime, collecting for another MM, no doubt, but mostly selling on the Ask. Recall my comments on AVVW, popped just about like I said it, and fell victim to ARCA, as predicted, he killed a beautiful run in the making there. [/qb][/QUOTE]ARCA is an ECN, or electronic communication network (basically an MM that is electronic, rather than some dude in a cube) used by traders, or a person/institution with shares to buy or sell. They are good for a company to dilute or buy with because they can fill large orders without going through a traditional MM like say NITE or UBSS. They avoid huge retail commissions by avoiding going through an MM, so they use them to dump. Here are some links... http://en.wikipedia.org/wiki/Electronic_Communication_Network http://www.archipelago.com/ sadly, ARCA is really nothing more than a machine that is used by anyone with a TON of shares to buy or sell. And most times it is used by penny companies to dump shares. That's why it always aborts runs, because the company fills all of the demand with new shares, and the supply and price either equal out and the price stagnates despite huge volume, or the supply gets too large and the price plummets. So, really it was AVVW dumping shares through ARCA that killed the run, not ARCA itself. Self deprecating penny companies. Vicious cycle. But we love em! Hope that helps. [/QB][/QUOTE]
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