Good explanation.......now I understand Brandon's comments this morning regarding the several million shares at .30 & .31 and why he thought we were going to head in that direction. Very clear explanation....you're a good teacher!
Haha. The Yanks have been yesterday's news for 8 years now! I tried to tell people that they aren't "buying the world series" but nobody would listen!Phils will be tough to beat again....good team. Good luck this season.
As for the level II.........I used to think that a bunch more sell orders or big blocks of sell orders was a bad thing. Logically I thought, "many people want to sell.......price is going to go down". Now after reading your guys' comments this afternoon I guess that a lot of large blocks of sell orders is actually good (in theory) because the MM's will try to move toward filling those orders. Is that correct? I'm sure it's not as simple as that, but I think I'm starting to understand better. Thanks again.
Really, isn't it just a big game of tug-o-war between the MM's a lot of the time?
If they have some large sell orders several cents above our SP that they need to fill, won't they manipulate the SP "up" sometimes too? Just wondering if they actually "help" occasionally or if they are always the devil!
Oh most definitely they help as they have helped to get stock price up from .13 to .43 2 weeks ago.they are helping now by not letting it go below .32..watch level2 tomorrow and you'll see sell side doing the same thing as buy side,which is why we have stayed between a 1 cent channel basically all week...
Ha! Is it fair to say that we are too hard on the MM's then?Just trying to be objective. The fact that what they do is deemed illegal is enough to rag on them.........no matter if they help or hurt.
Just wondering if we are being hypocritical sometimes! To get mad at me for that Brandon/Relmor !!!
asm610, thanks for the info. The next BMW-dealer is more than 150 miles away. My youngest daughter turns 16 this summer and she is going to get my Mustang and I was thinking about a BMW 330 for myself.
Originally Posted by asm610
no there is definitely illegal manipulation going on with this stock and many others...some on here,Brandon,relmor Demian,John and others have documented it.they have been seen putting up 100 share orders to buy at say .3348 and the next order in line is .3460 buy,to stop it.illegal!! it has to do with the shorts,which is another long story,that is going on here for about 9 months...But basically i don't care about the manipulation because they are just trying to scare the samll investor into selling his shares,which is what the big funds need to take a stake in sirius.I know this stock is now fundamentally strong now and heading north,which the manipulator;s will do with it when they are good and ready to...and i'll be right there with them!!!
Last edited by JohnnyIrishXM; 04-01-2009 at 08:54 PM.
Hey Johnny, you are right, we all should stay strong and be ready. The only question is, when will they be good and ready ? Do you or anyone else has an idea what could be the iniation ?
Johnny after reading this thread and following for several weeks now you have cleared up so much of what confused the heck out of me. Thank you for answering all the questions today and making us novices a lot more knowledable.
im typing from my phone so cant post well...but do a search for sprint dropping certain sprint tv channels and music channels, might be something interesting...i was reading a sprint users site....
