posted
They are holding it down hard. Look at the ask. They lower it and two sales go out above it. Then one sale matches it and they lower it again.
MM's are holding it down with all their might.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
My ameritrade a little messed up. The bid is at 0.64. But the ask is at 6.35. Way weird
Posts: 221 | From: kentucky | Registered: Apr 2006
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posted
Did anyone notice WDCO (who I have not seen playing this before) just jumped up and collected some shares for a few minutes and then got out and put his ask at .90? Anyone think this is meaningful?
Posts: 26 | From: PA | Registered: Mar 2006
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quote:Originally posted by KB1112: Did anyone notice WDCO (who I have not seen playing this before) just jumped up and collected some shares for a few minutes and then got out and put his ask at .90? Anyone think this is meaningful?
not in the slightest.
Posts: 75 | From: Florida | Registered: Dec 2005
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posted
I wish I was brave enough to flip. But with my luck....forget it.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Ah, ok. I really dont know much about MM activity, I'm trying to learn as I just got L2's. Do you know why an MM would do that if they havent been playing a stock at all and then decide to do something like that?
Posts: 26 | From: PA | Registered: Mar 2006
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posted
it could be that they know something and want to buy in low and then sell out high when this baby moves up
Posts: 4071 | Registered: Dec 2005
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posted
Yes, KB...tuff to say exactly what they're thinking, but buying and setting your ask that much higher can only be good.
Posts: 1053 | Registered: Mar 2006
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posted
MMs profit by making you nervous. They're like China, with plans that may not be completed until we're all dead and buried. Well maybe not that long.
Posts: 111 | Registered: Apr 2006
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quote:Originally posted by fortis: They're like China
LOL
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
NDOL - NORD OIL INTL INC (OTC) Date Open High Low Last Change Volume % Change 04/27/06 0.6400 0.6500 0.6400 0.6450 +0.0350 117600 +5.74%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 4055390
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 1724830
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 930711
posted
Every time you post that Invester I immediately think that news is out...lol.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Everyone trades through MM's or ECNS. When you put the price that you want to buy or sell at, it gets routed to an MM. The MM puts the highest and lowest price that they are willing to buy/sell at. It just so happend that someone routed their order to WDCO (or WDCO themselves bought it) and WDCO put the price to buy it at, after that order was executed they moved to the nearest order in the query which is to sell at .90
The reason for the huge change in price is because they probobly dont have that many orders to buy/sell at and the nearest one they have is at .90.
Other stocks like UBSS and NITE are huge wholesale MM's so they always have a ton of orders and are usually close to the bid/ask compared to smaller MM's.
Posts: 75 | From: Florida | Registered: Dec 2005
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quote:Originally posted by Aquahelix: (or WDCO themselves bought it)
That's the part we're all wondering about.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
NoWhen, ya a little bit. That doesn't happen to everybody. Most of you guys don't know me and one or two think they do. Wrong.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Its no big deal. I know what people mean about the crap that can be posted by people for various reasons.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Okay, let's say that the buyout news comes out that we're all going to get $1+ per share. What are the odds of anyone being able to buy more for less than the buyout price and maximize profit?
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
Looks like it will ping pong within a few cents all day again. Everyone is waiting on the news.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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