Re: Order placed....RONRAN...
in response to
by
posted on
Jun 08, 2009 07:23AM
Thank you for your post and for being tranparent...
Starting from the premiss that we are all here to make money, it is clearly no one's business to know what you are doing with your money...
On the other hand, the knowledge gained from your post by others is a great tool for understanding how MMS work their magic in keeping a lid on the movement of the stock within a $.03 cent range...
Your ORDER to buy several hundred thousand shares at $.16 will keep the presure on the MMs to raise their BID to that level until it is filled...The 3 Cent range puts the ASK at the .$19 cent range...
Since at present two MMS, ( NITE and HUDSN), are bidding it at $.16 that could mean you will have difficulty filling your ORDER in competition with them, with the net result of putting pressure to the upside... And if the NEWS we expect hits, it may cause it to go way out of the $.16 cent range...
Good Luck to you...
Gil...