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Message: Re: Get this action/DISCHINO
3
Mar 08, 2010 11:23AM
1
Mar 08, 2010 11:36AM
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Mar 08, 2010 11:56AM
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Mar 08, 2010 12:42PM
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Mar 08, 2010 02:28PM

I don't see it as a real bid from a buyer for 400 @ .0057 thru Fidelity, just a bid that gets seen by all the trading houses regardless of where it comes from.

Who in their right mind would place an order for $2.28 worth of SLGLF with a commission of $7.95?

This is why IMO, it was between MM's to keep a lid on the price, create a bid/ask spread, as this is how they make their money. If they scare sellers into dumping a few shares at this "phony bid" and gobble up whatever they can get, then put out an ask of .0064 lets say, they make their bucks.

It's all a big game at out expense if we fall for it.

Gotta run for a while...

3
Mar 08, 2010 08:16PM

Mar 09, 2010 10:01AM
1
Mar 09, 2010 12:51PM
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Mar 09, 2010 12:57PM
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