Member Rated: posted November 14, 2005 22:14 -------------------------------------------------------------------------------- Wouldn't the company be in trouble if that happened? I thought all companies were required to have MM's set their prices. Besides, I don't think the police wouldn't be able to identify, very well, the difference between the group players and those who seek one investment in the company, sell it, and then seek to find another company. I wouldn't call those investors group players. It would be inconclusive evidence, and the defence would have a pretty good case on their side if that happened. -------------------------------------------------------------------------------- Posts: 33 | From: Rexburg, Idaho | Registered: Nov 2005 | IP: Logged |
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-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by RiescoDiQui: It was one of momo's group plays.
How do you know that it's a Momo play ?
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Thanks for unlocking it. That would of been very unfait it remained locked.. Qui this stock is higher in pps then what it was 1 week ago. So weither momo ran it or not atleast people made money. How many days has she closed at HOD after she was first posted. Gice credit when credit is due. Far more people made money then lost it. Stop the bashing and get your account value up. Not your hate up...
Posts: 14 | Registered: Nov 2005
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posted
Yes it was a momo play and from the look of it she ran from .015 to .06 thats more profit then you are making on QBID doctoall... Maybe you should play Momo's plays
Posts: 14 | Registered: Nov 2005
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
I know how to read charts and it shows me that while APVLF GOES UP QBID is heading down.. Not hard to see. Stick to the Momo and you make money. Stop investing and begin to daytrade and you will see green. And riesco didn't you say APVLF wouldnt do anything today? Appears you were wrong...
Posts: 14 | Registered: Nov 2005
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quote:Originally posted by Doctoall: Momo's plays have not been welcome here
So are you telling me it's welcomed until people say it was a Momo play. Weither it's his play or not all plays should be welcomed. I don't even know who this Momo person is but I do know his plays do move....
Posts: 14 | Registered: Nov 2005
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posted
OK qui, well, at least I've only put shares in the company once, for the intent of it being a typical investment, and will not put shares in it again. I didn't know that the bid/ask was controlled by group players, and I never would have put any in there to begin with if I knew the manner in which the prices change. I'm going to make sure to sell it within the next couple days and invest in a company that actually shows news and has MM's. Thanks for that info!
In other words, I thought that the MM's controlled the bid/ask on the stock, and that the people here were trying to invest it so that the MM's would increase their prices.
I did find and buy a stock late last week that moves in 50 cent jumps at times, and yet, shows news. It's been fun seeing it move in a fair manner! Posts: 38 | From: Rexburg, Idaho | Registered: Nov 2005
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posted
Heatwave MM control the prices of a stock including the public.. When you sell at the ask you are in control of the pps of the stock. Weither its a group play or not both the MM's and the public controls the price. The only way a group player could own the shares of a stock is if he buy all the shares inbetween a range. Example if a stock runs from .01 to .03 you have taken all the mm's inventory. If you dump on the bid you are either giving the shares to the public or the MM's depends who is bidding. Not to mention who ever sell shares below .03 will tend to be selling his or her shares for a lost. So in other words paramedic is a novice from hsm and he needs to learn more about trading before he makes stupid claims as he did...
Posts: 14 | Registered: Nov 2005
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posted
OK, so you're saying that the manner in which people trade this stock is not against the law, and that my assumptions about MM's were correct? Cause I definately would think that all companies need MM's. What about when the bid becomes higher than the price of the stock, like what happened today?
Posts: 38 | From: Rexburg, Idaho | Registered: Nov 2005
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posted
Actually one other thing....if you propose to sell a stock at a current ask price, does that same price need to become the bid before it will sell, or will it immediately sell through the MM's? (Sorry, I'm only in college, so I'm getting used to this kind of stuff...I don't know everything about it yet.)
In other words, do the MM's control the ask, and the public control the bid, with the MM's having the capacity to overpower that bid? If this is all correct, then I think it would be OK for me to add shares if I decide in the future that I want to, because I don't see anything being wrong with that. It's just weird reading posts about people buying at the bid, and I don't quite understand how that's possible.
posted
if this is illegal then these guys arnt hiding it very well. momos website is easy to find and they have a chat room where they talk about doing the group play. I checked it out. It was funny. Fairly New was trying to figure out what to say to stock gaina because they thought stock gaina was trying to sabotage there group play by claiming big money was coming in in the morning but they planned to run it at 10:30. He asked Jmicheal what to say to stock gaina. Sounds fairly stupid. They were discusing amongst themselves what to say to stock gaina. They also talked about keeping this post at the top and momo said he permited spaming message boards as long as they wernt his. Momo is resolution by the way. Pathetic huh. Why not just learn to trade the legal way. They also were mad about reisco doging there stock and that is why they were trying to attack his credability. I watched there message board a little yesturday so that is where I got the info. truly pathetic
Posts: 205 | From: ca | Registered: Aug 2005
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posted
So my question in that is, what of that is illegal? The fact that they're grouping together to buy several orders of the stock at the same exact time? (this message is to Treemoney)
Posts: 38 | From: Rexburg, Idaho | Registered: Nov 2005
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posted
jmichael, why exactly would he ban him? If it has to do with his last bulletin on here, I think that would abuse the first amendment. He wasn't necessarily trying to help me buy more stock....he was only trying to help me understand the process taken by which the stock trades.
Posts: 38 | From: Rexburg, Idaho | Registered: Nov 2005
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posted
I dont know the law really well on this subject that is why I said "if it is illegal". I can tell you why it is bad ethics though. They run a stock up so it gets on the radars of other traders that there is a hot stock. Other traders think that for some reason something great may have happened that is creating buying pressure. They buy in further raising the stock and then all at once the group players dump all there shares on the stock drops and all the investors who were conned into it because they thought it was a legitamate play loose all there money.
Posts: 205 | From: ca | Registered: Aug 2005
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