ask dropped
posted on
Sep 03, 2010 11:49AM
Ask | Size | MMID | Time | |
↓ | 0.007 | 5000 |
UBSS
|
11:18 |
Watch what happens now.
Buying activity will increase and we may see a small pull back to .0065, then it should reverse IMO.
The MM's adjusted 3 or 4 times yesterday, and they are at it again. In the past, they'd throw out the ask and leave it be all day, when vol was 6 - 8 mln/day. They see an opportunity with the current vol trend to play with the numbers, and that's how they make their money.
Not an expert by any means, but after 10+ years messing in penny stocks amongst other things, their methods jump right out and hit you in the face!
The only way for these games to stop or at least be lessoned, is positive progress from the company to take back the momentum.
Bring it on GARRY....