Would it surprise you if you knew they worked for
Post# of 8802
Read an article tonight on MM games. The article basically said the longs are killing their game. There are a lot of longs here holding a majority of the shares. No wonder the bashers are out in full force trying to get us to dump.
I don't think anyone else of substance is shorting this stock. I think its MMs. Here is that article. It's long but its relevant.
https://www.reddit.com/r/weedstocks/comments/...ket_maker/
Quote:
Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.
Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.
Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.
Talks further about dumb money or ppl that buy on the way up and how they manipulate chart traders like Clay. Pretty interesting anyway.