I rarely,rarely, sell at market, because nine times out of 10 you don't get market price.....
Nine times out of 10, I call in my orders if it isn't near 1/64 or 1/32, because if a lot of people are selling when you want to sell the MM's will fill it at what you are asking. For example, like this morning, when PRWT was @ .10 and the bid was @ .098, I saw numerous sell orders getting filled @ 3/32....Those people if they were selling 100,000 shares, cost themselves anywhere from $200 to $500 on that spread because the MM's were filling them at what the people were asking and not @ .098.
That is a spread of nearly .005. That in itself is a very bullish sign to me because the MM's are expecting this monster to grow wings!
The MM's with PRWT, overall have been on the Up and Up, because I believe they want this thing to go higher also... |
