Originally Posted by
sjte5409
ok, sometimes I place buy and sell orders that are just a bit outside of what i think the day's range will be, for example if we use today as an example i might place a buy order at $.25 and a sell order at $.33. And I'm sure I'm not the only person that has orders like this outside the days range.
Thinking about this has me wondering. . . .does this help the MM's get away with their manipulation because they can simply reference these unfilled orders as evidence that they were operating within an acceptable range when they drive the price down (ie: "Hey Mr. SEC guy, look here. . . these are unfilled orders that are lower than the ones that I am placing, so no foul.")
I am relatively inexperienced at this, so just thought I'd throw this out here for some comments. . . .