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Arena Pharmaceuticals, Inc. Message Board

  • chrisanja chrisanja Jun 13, 2013 12:25 PM Flag

    Got your buy orders in? REVISED

    All -

    Apparent to me that the MM loves, just loves, to have people buy at the ASK, esp. when the stock ticks up.

    Then, they have a way of sending it down 10 to 20 cents.

    What I have been doing is placing orders (got filled at 8.33 today).

    If they want to BEAT the price down, let them send it into YOUR lap.

    If there is a solid book of orders, my sense is that the games will end... they won't walk the price down to scare people.

    Get your BIDs in, and don't buy at the ASK. They won't have shares in inventory... these low volume games must end.

    What? All the CNN watchers decided to bail after the stock didn't hold $9 and 8M shares got thrown under the bus? I don't think so. I think the MM played some tricks.... let's send a message that RETAIL is supprting this stock... we don't need the WS thieves to win this game.

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