Buckey's Bottom Bounce Short Term Picks (CDN ONLY) Message Board

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Gold/Mining/Energy : Buckey's Bottom Bounce Short Term Picks (CDN ONLY)

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To: The Osprey who wrote (715)	6/24/1999 1:43:00 PM
From: the Chief	Read Replies (1) of 5887

This is why I stopped playing OTC BB's a few years ago. The MM's in the US are without a doubt "criminal"! They will buy anything that comes out as long as the spread betwen the bid and ask is sufficient for them to make a huge profit. So in your case you will not get filled as a buy until the spread is sufficient below you that the trade is worth "their while" not yours!!! If sells are going throught 17/32 and you are on the bid at 9/16 then I can almost guarantee you you won't get filled till 3:59 this afternoon. They are selling the 17/32 purchases at 21/32 for a 1/8 spread......only after they have exhausted the 1/8 will they consider on reducing the spread to 1/16....and only at the end of the day!!! This is not a place I would ever trade again! Good Luck DOW curbs now in DOW down 190! the Chief

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