Hello again EY thanks for getting back at me in de
Post# of 11899
Hello again EY thanks for getting back at me in depth with that insight - what a pleasant surprise! Every time you get at me it reminds me how much I have to learn, I appreciate it, that's part of the reason I love the game. I love mastering massively complex systems, and the market is possibly the most complex system out there so I'll be loving it for decades I'm sure.
What you mentioned about wash trades was a real eye opener. Goes to show the volume relative to the bid and ask is not as it appears. But it's enlightening to know that in RFMK us chart analyzers have to substantially discount the volume per day, that's a good thing considering we move on such miniscule volume just shows how truly enormous our upside is here at RFMK, and how little the D2D price fluctuation actually matters in the long-term. The float may indeed be much tighter than appearances would have us believe.
Almost forgot to mention I agree with you that on the average day more than half the volume is phony. About the shorting - I have a hunch MM's were covering every tick down just as a mechanism to suppress the PPS.
Thanks again for the lesson EY.