SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : NNYR - North American Energy Group
NNYR 0.00010000.0%Oct 31 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: creede who wrote (22)3/4/2006 7:44:26 AM
From: rrufff  Read Replies (2) of 65
 
I'm just doing the same thing that I did on GCHR - buy blocks when nobody wants any shares. I think I may have been the only buyer on some of the days and the MM's have a ridiculous spread. The problem is that sometimes I get a total fill, others I get a horrible one like 1000 shares. One of these days, it will pop like GCHR and everyone, including the MM's, will want to participate. I think this one could be another 10 bagger.

That's why the MM function today is such a joke. They are supposed to be doing a service. Instead, they only realy "make a market" when there is a ton of volume and action. Otherwise, they are merely matching orders, whether it's trading unsolicited or not. It's a game, called "line my pockets" for them. Funny how the slimey bottom feeding blog prisoners defend them and don't want to bring their function into the 21st century, given the advent of ECN's and auction and market software.

Gotta go see if I put this on the 10 bagger board as it could be one.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext