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Biotech / Medical : Labwire Inc.
LBWR 0.00010000.0%Oct 30 4:00 PM EDT

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To: rogerover who wrote (1267)9/11/2008 3:57:16 PM
From: im a survivor  Read Replies (1) of 1698
 
LBWR does not have any MM's!!

<<"The MM is only matching trades."
That's what market makers do, no?>>

They will need to find some for the uplist, but right now they are an unsolicited pinky and the bids and asks you see are not coming from MM's..they are coming from people like you and me....For instance.....if the best bid right now is $1 on stock xxxx, I can place a bid at $1.25 and it will show up as the best bid...if I remove it...the bid drops to the next highest bid......It's amazing how many posts we see about what the MM's are doing with LBWR..when they arent doing anything with LBWR since it is an unsolicited pinky and they have nothing to do with LBWR's bid/ask....US SHAREHOLDERS or other traders/investors/gamblers are who sets the bid/ask on unsolicited pinks......Crazy that people invest in pinks and are not aware of this imo......
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