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Posted On: 11/29/2018 9:38:13 AM
Post# of 82676
ASCM's scare shorting MM, don't FEAR SELL that's what they are trying to create.
This is manipulation, to make a quick buck shorting.
Here is an article on them.
Short:ASCM: Details:ASCM is the most popular market maker for shorting penny stocks and create a scare when their on the ask close to the current price level.
ASCM often appears on very volitate stocks that made a nice move and ASCM looks to short for the price per share correction.
When ASCM appears on the bid side close to the price level it means they’re covering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support
This is manipulation, to make a quick buck shorting.
Here is an article on them.
Short:ASCM: Details:ASCM is the most popular market maker for shorting penny stocks and create a scare when their on the ask close to the current price level.
ASCM often appears on very volitate stocks that made a nice move and ASCM looks to short for the price per share correction.
When ASCM appears on the bid side close to the price level it means they’re covering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support
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