Phony BS sales are usually easy to see as they are
Post# of 72437
Posted On: 12/28/2016 2:18:32 PM
Phony BS sales are usually easy to see as they are small share transactions. Most likely from one MM to another then back again. As for buy orders there are actual investors who buy 1,000 to 10,000 or more at a time when they can. Hard to tell when is a cover bid or an investor trying to get a bunch at a discount. Unless of course the MMs simply ignore those bids and/or only fill them partially till they get what they are after. Just a guess for now till volume goes way up then the MMs will have to do the job (LOL) they are supposed to be there for.
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