(Total Views: 343)
Posted On: 06/08/2020 9:37:01 AM
Post# of 86984
ASCM on the quote folks. Otherwise known as A-SCaM.
This MM is a short selling algo. There are no retail orders routed through ASCM, and no actual people placing the orders/trades. 100% algo that is tripped by upward movement.
In theory, if we only buy from him, and nobody ever hits his bid, we'll force his program to cover the shorts on the ask. Otherwise, just proceed with extreme caution with this prick on the quote.
This MM is a short selling algo. There are no retail orders routed through ASCM, and no actual people placing the orders/trades. 100% algo that is tripped by upward movement.
In theory, if we only buy from him, and nobody ever hits his bid, we'll force his program to cover the shorts on the ask. Otherwise, just proceed with extreme caution with this prick on the quote.
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