I've never bought in to all the nefarious MM myths, personally. However, I have witnessed some very methodical take downs where the bottom will fall out of a stock and then usually it closes right back where it started (most say it is MM's fishing for stop losses etc...) For instance when that news hit that Weed, the attorney was indicted, the next morning pps fell sharply for a minute and then stabilized fairly well if I recall. I put in an order that evening to buy knowing the pps would take a hit. My order was in for 900K shares at like 005 I think and the pps went down to 003?? I forget exactly how low it went....... Anyway, I only filled a partial of like 60K shares that morning, so why didn't I fill that morning when others did? And I'm fairly certain there are people who short penny stocks...That Sykes guy for instance, there are brokers that allow you to short penny stocks but I'm not sure how prevalent it is with GRCU. I think flippers are in control, I think sparky and his ilk are flipping the shit out of it. Then there is the guy who dumps a couple million cause he's had enough and takes his lumps, like yesterday IMO. Believe this, if there is no liquidity in a equity, there will not be many bashers. When a equity is fluid, money can be made. They spread fear, buy low, slack off, then sell higher.....rinse repeat. Some believe in all the MM fairy tales, I'm not one of them.
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