(Total Views: 358)
Posted On: 03/07/2018 4:13:41 PM
Post# of 4081
There is 1 simple answer to this post:
Price manipulation. Plain and simple. If the stock was actually trading on demand and the MM's were not covering giant bids with small ones to hide them or throwing up enormous ask walls that constantly reload even though they don't have the shares to cover the wall, this stock would be trading much much higher. The price action we've seen since the very beginning has not been at all organic. Once the stock gets to big board, that effect is greatly diminished.
Price manipulation. Plain and simple. If the stock was actually trading on demand and the MM's were not covering giant bids with small ones to hide them or throwing up enormous ask walls that constantly reload even though they don't have the shares to cover the wall, this stock would be trading much much higher. The price action we've seen since the very beginning has not been at all organic. Once the stock gets to big board, that effect is greatly diminished.
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