Put the folloing into your equasions and se if you can come with what is the MM strategy for this week?...
On 13:07:38 the BID was $.18 and the ASK was $.19.
I placed an order for some shares at $.185...
That raise in the BID from $.18 to $$185 does not register on my SCOTTRADER screen.
Sevral minutes later I placed an order for some shares at $.19. Is was filled instantly. And for couple of minutes the SCOTTRADER showed the buy at $.19.
The strange part of it is that there was immediately a trade of 200 shares made at $.18, to bring the bid back to .$18, even though my order to buy shares at $.185 is still outstanding?!?...
Now, you tell me that MM are not manipulating this market?...Lol...
Gil...