Winter in the Great White North Message Board

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Strategies & Market Trends : Winter in the Great White North

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To: marcos who wrote (7749)	7/24/2011 12:17:55 PM
From: ralfph	Read Replies (2) of 8273

Don't yah hate it when some turd tries to shake you out by buying 500 shares of your sell order ? Swing trading a penny stock and had a sell order in for 10,000 shares at sumthin under 20 cents and this goof desides to take out 500 shares . At the same time the bid went up to a size that would have made it possible to sell the rest of my position . I have pulled this stunt before but if I want those shares I usually will take out about 30% of the ask and make sure that I have a bid big enough to cover the remaining shares . It is nice to have a spread when doing this . Hardly worth it until the spread hits 3 cents or more on a penny stock . Some turd pulled the same stunt on me last year , he kept nibbling at my sell side in 500 share bites , this worked for about 4 or 5 days and then a large buy order came in and cleaned out my asks . Weird way to play the market from my point of view . Milk cows work fine sometimes . Bruce BER , NKL ............... I looked at each the first day of their news and figured there was no way they would run in this market . DUH

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