PHGI -Perihelion Global, Inc. Message Board

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Technology Stocks : PHGI -Perihelion Global, Inc.

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From: creede	11/5/2005 10:38:07 PM
	of 827

Here's a little proof to our problem. A little MM Info (A Must Read) Penny Stock Market Makers Who Are the Players in this Game By Bill Panetta Let Me Start off by saying this: Level 2 Does not have the same effect like it did 5 years ago except for OTCBB Stocks & Pink Sheet Stocks. What Do I mean By This? NASDAQ is all chart plays, level 2 has no meaning as it once did for NASDAQ Stocks , too many games can be played now on level 2. Simply put if you don't know how to read the charts you will get killed on NASDAQ Stocks. With all the changes on Level 2 Traders have been forced to learn TA, You could had a made a killing with level 2 before 2001 with out TA; I have witnesses that have proven this. And when I make this comment I am talking about regular trading hours, after hour's different story. Bottom Line Level 2 does not have the same effect on NASDAQ Stocks that it did 5 years ago because of the New Super Soes Trading System being implemented in 2001 and along with 1 cent spreads, it was the worst thing NASDAQ ever did for traders IMO. The Traders from 5 yrs ago know what I am talking about. Let's talk about the 2 exchanges where Level 2 has not changed and having level 2 is really important to your trading. I am talking about The OTCBB & PINKSHEET Markets. If you learn how to read into Level 2 on the OTCBB & PINK SHEETS it will really enhance your trading. Let's break down the Market Markets. There are 2 categories of Market Makers let's talking about the first one. Retail Market Makers: These are the market makers from very popular brokerage firms. They handle a lot of the order flow for small retail investors. NITE: SCHB: Schwab TDCM: TD Water House SBSH: Smith Barney MLCO: Merrill Lynch GRVC: ETRADE This is the list that you really have master because these are the MARKET MAKERS that handle promotions, insider transactions also S-8 and CD Transaction. CD: means Convertible Debentures they are loans the come due and get sold into the market by the loaning company. There are lot market makers in this category so I will break it down to who are the most important: These are some of the more active MARKET MARKET MAKERS on the street: FANC: major S- 8 player: if there is an S- 8 on a Stock most likely he will be there on the ask until it dries up HDSN: major CD Seller Handles a lot CD transactions. formerly was WIEN. (from RagingBull) By: kt325ci 19 Oct 2005, 09:00 PM EDT Msg. 397 of 772 (This msg. is a reply to 396 by bhonjal.) Jump to msg. # This is the first day that I've watched L2 on this stock. The only thing worth noting is that only 2 mm's were active today and one of them, HDSN was on the ask @ .0003 all day. I picked up 10 million shares today. - - - - - Looks like we go nowhere until HDSN gets through selling. GodBless-Nd cris

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