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Posted On: 01/20/2021 12:27:15 PM
Post# of 148902
HCIT Wrote:
Dipping? Sure is & CDEL is doing just that, slamming us again dropping the bid calstang. This has been going on for several days now, UGH 5.00 now - GLTU
My response:
Citiadel Securities is a Market Maker and Citadel is a Hedge Fund Manager.
The Market Maker can manipulate a share price by holding buy or sale orders, and playing the difference between ask and bid, correct?
So as a Market Maker, is CDEL "slamming" CYDY simply to make some profit, or are they keeping the share price down for some other reason?
And are there long terms effects to what CDEL is doing to us?
(other than some folks selling)
Dipping? Sure is & CDEL is doing just that, slamming us again dropping the bid calstang. This has been going on for several days now, UGH 5.00 now - GLTU
My response:
Citiadel Securities is a Market Maker and Citadel is a Hedge Fund Manager.
The Market Maker can manipulate a share price by holding buy or sale orders, and playing the difference between ask and bid, correct?
So as a Market Maker, is CDEL "slamming" CYDY simply to make some profit, or are they keeping the share price down for some other reason?
And are there long terms effects to what CDEL is doing to us?
(other than some folks selling)
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