This only happens when MM's have a Naked Short pos
Post# of 2217
Posted On: 11/03/2016 12:11:18 PM
This only happens when MM's have a Naked Short position that they do not want to cover, so whenever "news" comes out, they manipulate the stock price by spoofing (refusing to sell) at the Ask and/or "hitting the Bid" with more naked shorting:
Quote:
with so many good news for the last several days, yet I notice today's the share price was pushed down badly in early day and rescued by someone towards the end of the day but still lost a bit.
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