the way i see it is that leegy's actions are a zer
Post# of 75361
Posted On: 08/28/2015 11:24:57 AM
Re: adirondackhi #8204
the way i see it is that leegy's actions are a zero sum gain. he is selling at slightly lower price (the bid), which drives the price down, and then buys back at the ask...slightly higher. isn't that really just a zero sum?...esp if its within one day?
i get the idea that there is low hanging fruit that he is shaking loose (and profiting from). perhaps....is it possible that he is creating artificial volume and perhaps....maybe the extra volume is like treading water....not going forward or backward but at least its not sinking? im still perplexed as to the negative impact on thcz or not. certainly volume is better than stagnation. no volume might be worse than what leggy is doing, which i guess is the point he is making?? dunno
i get the idea that there is low hanging fruit that he is shaking loose (and profiting from). perhaps....is it possible that he is creating artificial volume and perhaps....maybe the extra volume is like treading water....not going forward or backward but at least its not sinking? im still perplexed as to the negative impact on thcz or not. certainly volume is better than stagnation. no volume might be worse than what leggy is doing, which i guess is the point he is making?? dunno
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