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Microcap & Penny Stocks : BIOPOOL(BIPL)
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To: Eagle who wrote (434)1/14/1999 10:19:00 AM
From: Rande Is  Read Replies (1) of 507
 
TO ALL: Somebody is squashing the small momentum we have by placing a limit sell of 5k at 1 1/32. As long as that sell order sits there, we will need to see a larger volume of buys to move it, otherwise we will sit right where we are the rest of the day. And of course that person will not see their 1/32 either.

Think when placing limit sells. . .the second they are placed the market adjusts accordingly. They never go unnoticed. Best to place either in small increments 500 to 1000 and to spread those out. . .

Now why should I buy 5k right now, if I can see you are going to sell 5k? My buy would not affect the price and neither of us would do well.

Always use your heads when trading. . .

Rande Is
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