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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: Auricman who wrote (6028)5/29/1998 11:33:00 AM
From: Zbyte  Read Replies (1) | Respond to of 12043
 
Ernie
Everbody wants a deal... Usually deals happen when the price is moving in either direction... I think someone needs to call the Mm and wake him or her up... They have fallen asleep at the wheel...



To: Auricman who wrote (6028)5/29/1998 11:48:00 AM
From: Doug Gallian  Respond to of 12043
 
Ernie,

You make a good point, however the difference between the current Ask and my Limit Buy Order is $300.00. The way I look at it is, the MM's at any time can move the Bid/Ask wherever they like. I'm hedging that they'll likely move it down a bit and save me spending an additional $300 on the buy. Same in reverse. If I place a limit buy at .04 right now, do you think I'll get filled at .038? Very unlikely. They'll simply move the Ask to .04 and fill me then move it back down. This BB trading is WAR WITH THE MM's. Not that they are evil, it's just that the cards are stacked in their favor. I made over 150 trades last year, and have learned a thing or two about this topic.

Take care and trade well (your profits are relying on it!)

Doug