Posted On: 06/27/2014 11:24:57 AM
Post# of 96892
Re: Sitting Bull #5544
Trading is controlled by the MM's, MM's caused Wednesday
The MM's are using this stock as free money, charging huge trade fees, by Gapping the stock. Having huge rises and drops on almost no volume!
The MM's Got greedy, they already paid for each trade, so on Wednesday they were paid a HUGE AMOUNT BECAUSE THE VOLUME WAS 30 MILLION!
They cannot pull the same stunts after the audit at the end of June which means they seem to have chosen Wednesday to make their money!
I was told it was the MM's that shorted the 8.5 Million shares. Which makes sense, as they are the only ones that could have really caused a stock to Fluctuate that much in one day!! The answer is usually who has the most to gain??? THE MM's by far!
Think about it, it is way too risky for a regular trader, the rise of 50% would have triggered a Margin sell off! the stock closed at .063. Meaning at .103 it was up over 60%!
What a disgraceful day by the MM's, they are really abusing this stock!
The MM's are using this stock as free money, charging huge trade fees, by Gapping the stock. Having huge rises and drops on almost no volume!
The MM's Got greedy, they already paid for each trade, so on Wednesday they were paid a HUGE AMOUNT BECAUSE THE VOLUME WAS 30 MILLION!
They cannot pull the same stunts after the audit at the end of June which means they seem to have chosen Wednesday to make their money!
I was told it was the MM's that shorted the 8.5 Million shares. Which makes sense, as they are the only ones that could have really caused a stock to Fluctuate that much in one day!! The answer is usually who has the most to gain??? THE MM's by far!
Think about it, it is way too risky for a regular trader, the rise of 50% would have triggered a Margin sell off! the stock closed at .063. Meaning at .103 it was up over 60%!
What a disgraceful day by the MM's, they are really abusing this stock!
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