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  4. Rapid Fire Marketing, Inc. (RFMK) Message Board

Interesting, so you had a limit buy order in at .0

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Post# of 11899
Posted On: 08/28/2012 11:30:35 PM
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Posted By: EliteYoda
Re: Hector Android #3058

Interesting, so you had a limit buy order in at .0017, yet the bid at the time still showed as .0016 and that trade executed as a block order and you only got some of the 1.6M shares from that order? That sounds highly suspicious to me; irregular.


I can imagine the MMs doing some kooky things at the end of the day seconds before the bell just to fill as many orders as possible for the day but this still sounds unusual. Either it was a large short sale and dump on the lowest bid, along with distributed shares in the block, or an MM simply dumping the rest of his inventory of shares for the day at a loss just to be out of the ticker by end of day. Whatever the case may be, this illustrates why in the pink sheets market the current price does not mean much of anything because shares are bouncing around like candy at various levels and MMs are holding up particular orders, letting others through, bundling and all sorts of fiascos all day everyday. And then the miscreants rant about the percentage move for the day which only really represents the last trade of the day, which today happened to be three seconds before the close dropping the stock 25% for the day. Its getting a bit old watching the stock painted up or down at the last minute each day. All of these folks cheering that they are all ready with their dry powder to buy buy buy in the morning probably need to just relax, chill out, and wait until the last hour of trading and sloooowly place a few bids in at and above the current bid and current price in order to assist the shareholders in keeping decent bid support. Everyone wants to go to the party but no one wants to stay and clean up.


Do or do not, there is no try.


$RFMK!



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