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Posted On: 09/30/2019 11:53:02 AM
Post# of 36542
So here’s my thought of the day. I’m interested to hear what you all think.
Market makers job is to help volume by moving price in either direction based on supply demand. Right now there is no demand. Possibly because of uncertainty “do I get the dividend if I buy now” which I still see people asking on other boards. Possibly not knowing that the div has been separated from the uplist requirement. So what I think we are seeing is the MMs moving the price looking for buyers and at the same time taking out the only sellers. Stop and limit orders that are placed to protect against loss. The only solution I see is new money. I think we’ve tapped out the OTC market. We NEED the uplist.
Market makers job is to help volume by moving price in either direction based on supply demand. Right now there is no demand. Possibly because of uncertainty “do I get the dividend if I buy now” which I still see people asking on other boards. Possibly not knowing that the div has been separated from the uplist requirement. So what I think we are seeing is the MMs moving the price looking for buyers and at the same time taking out the only sellers. Stop and limit orders that are placed to protect against loss. The only solution I see is new money. I think we’ve tapped out the OTC market. We NEED the uplist.
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