Dolly1, I have L2 and have been watching it for m
Post# of 45510
Dolly1,
I have L2 and have been watching it for months. What I have observed is that there are usually many shares for sale hidden behind that 10,000 ask. The longs I know are buying on the ask when we can afford it. Problem is, most of us are tapped out. Whenever I can squeeze out a little extra money, I slap the ask eod in an effort to thwart the bid whackers. I looked and today, someone slapped the ask for 100 shares at .009 (thanks for the effort whomever that was).
I do think your suggestion is a good one. If we all band together and commit to slapping the ask when we have the available cash, we can make a concerted effort to improve our pps.
Hang in there and GO ICPA!