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 : LifeOne, Inc. (LONE) -- Ignore unavailable to you. Want to Upgrade?


To: GlenRP who wrote (395)4/21/1999 10:38:00 PM
From: MonteChristo  Read Replies (2) | Respond to of 1834
 
Well I must confess that I saw the very same thing today. Put in a 25K order limit at .16. Yes I was the guy this morning who got 5K at .15 :0) Anyways, then it jacked up. Changed the order at 9:40 with a limit at .22. Waited at least 45 minutes through much lower levels and it wasn't until we went from 37,500 to something like 173,000 that I got filled. And yes I was also the guy who got shares at .20 :o)

Please notice I'm still smiling. Heck, .20 ain't going to be nothing in a month or so.

Anyway, I saw some awful slow filling today. Unfortunately, I can't see BB stocks on my level II, but I'm guessing one guy was low on the ask and the rest were up in the .20's. One guy was getting all the action and slowing the muck down. Interesting enough, if you slow it down enough, people will look at it like, hey, it ain't moving . . . I'm not going to mess with it. Or it ain't moving something else must be up.

To substantuate my theory: I was utilizing my NDB account who gives priority for it's orders to Sherwood who is a MM on LONE. If Sherwood was anywhere near my price I would have had immediate execution. Additionally, I have gotten immediate execution before.

I like the volume today. Personally I'd perfer a slow rise over a month rather than a huge jump. With the huge jump you bring in the daytraders and honestly, I hate competing with daytraders because it does nothing but mess up the stock price. Don't know if it was more or less than the other release. To me it really doesn't matter. The recovery plan was the future . . . this release let us out of jail so we can have a future.

Fair enough?




To: GlenRP who wrote (395)4/22/1999 8:35:00 AM
From: paper man  Respond to of 1834
 
GlenRP. Nothing negative at all. It must be called balanced trading. My quess is the MMs were fulfilling trades which creates a long executuion time.

As for valuation. The stock is up seven cents on 7 times normal volume. Pretty strong for day one.

When we saw those spikes a couple weeks ago, MMs didnt want anyone in the stock so they drive the ask high and away, as they were not fulfilling trades, just printing bids and becoming natuarally short.

yesterday, my take is that a trading base is being established via the first paragraph and this creates liquidity along with balance. In other words, no easy come no easy go. Rome wasnt built in a day.

yesterday, the Mms treated the Market very fairly. If you were in at the bell at .18 or below, for a FEW HOURS IT SEEMED THAT you would have to chase the ask. But, it slowly came back to fill all buyers interests.

The activity yesterday could have just been a case of execution time. it may have taken so long to fill STANDING, unexecuted buy orders from the bell, that the stock drifted back to meet those orders a couple hours late. Or, the Mms were accumulating inventory to sell at higher numbers. someone was buying up the bid level...

Nothing like being treated fairly... eh my opinion.