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.
Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Buendia who wrote (4873)5/12/1998 1:57:00 PM
From: LAWRENCE C.  Read Replies (1) of 14347
 
Often the MM's that are buying are not the MM's that are selling. When the MM buying at the bid has his order filled the next MM with the best bid comes up next. MM's that have all the shares they want to buy will have a low bid so that some other MM is buying the shares. Or they figure that they can buy at a lower price so they see if anyone is willing to sell at the lower price.
If people are willing to buy at the ask, the MM's often figure why drop the price.
Seems like the MM's want to accumulate and don't want the ask to fall.
Lucky Lawrence
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext