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Message: RE: PPS Action-Joe

RE: PPS Action-Joe

posted on Dec 30, 2004 08:39AM
Thanks for the MM info, and agreed, this isn`t a bad thing (just friggin` strange!). Another thought is that if an MM were unloading, and there are buyers awaiting, why not pursue a greater return? My OTCBB delayed L2 came back to life, and now shows two MMs at .33. One is NITE, the other FLCR (which is the one that`s been there at .33 the past few days - constantly). I do question the accuracy of the L2 info though, as it shows the ask being .34 (while my streaming real-time shows ask at good ole .335).

I don`t know if I buy the MM signals theory. If there were more action, I`d buy it, but staying at ``status quo`` suggests to me that these are not signals, but perhaps some sort of ``balancing`` going on between MMs. And my only explanation for the ``trickle files`` at bid for you current buyers is maybe so the MM doesn`t show his hand to other MMs (enabling a clear playing field), though they should be better equipped to see what is really going on (or not! LOL). Only thing I feel relatively safe in saying is that this is not MM accumulation going on!

SGE

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