Always frustrating when you see such blatant dummy bidding in any stock....especially since for us retail mugs we are unable to place bids more than a few steps (or a certain percentage) away from the current market price....
yet we have a 500,000 order placed at the VERY BOTTOM price possible - so far away most on-line holders are unable to even see the dummy bidder (although of course they can see the total buys/sells!)
Column 1 Column 2 Column 3 Column 4 0 25,000 0.410 0.610 30,000 1 2,500 0.410 0.615 3,090 2 5,200 0.380 0.620 8,330 3 500,000 0.001
This same bid has been coming and going from YOW depth for some time now- Would be nice to know which dodgy broker it is coming from! We could then see if they are net sellers or buyers- seller is an obvious reason for propping it up- but I think probably more buyers who have bids just below market and will strategically remove the dummy bid to shake the tree and collect some more? (52 week low atm so a 50c sell down very likely from-especially with a push)
time will tell- bid will probably be removed when this post is read enough times anyway!
nextime!
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