Rpoet, The MMs function is to keep the churn goin

Rpoet, The MMs function is to keep the churn going. Which is to make sure there are enough shares in their cache to sell when a huge demand of buy orders come flowing in and vice versa. Think about it, if there were a large hit of buys and all the "Longs" (who are holding for the $Dollar and above range) will not sell 1 share, then the trading becomes stagnant. It is the MMs job to be able to handle the buy orders and the sell orders when no one else is buying or selling. There are "Longs" that hold and there are also "Swing" traders that ride the wave up. So...when expecting great news, any great news at all that arrives, expect the PPS to rise for the short term hit of all the influx of buy orders and the MMs filling those orders along with the "Swing" traders selling their shares to make the quick 5% - 8% gain on stocks such as this. Then once the flurry of all the buys slows its pace, the MMs will come back in to start buying at lower prices to gain shares in their cache for the next run up. Look at what is happening right now as we speak, it is the example in real time.

What we all want to see is the base PPS to keep on climbing. Even those that "Swing" trade are fine with the PPS base being higher because they play based on the dips and sell on the highs no matter what the PPS. So, stay "Long" or play the "Swing" or do both. If you look at this historically the "Swings" have been able to enjoy many profitable rides with any good news that has arrived each time, the "Longs" are looking great because their vision is very solid and will also reap the profits at each of their own decided exit strategies.

God is Great. Go FITX