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Microcap & Penny Stocks : VLVT (was CSMA)
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To: Ronald de Castro who wrote (1491)11/21/1997 2:54:00 PM
From: Benchman  Read Replies (1) of 11708
 
I have noticed when there is a drop in the bid, it is usually followed by a sale at the new bid. It usually takes 30-60 seconds for this to happen. My thought is that someone puts a market order in to sell. Then the nice guys that these MM's are, lower the bid, and then take the sale.
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