I think the market makers will be well aware that
Post# of 87085
(Total Views: 418)
Posted On: 12/06/2019 11:41:25 PM
I think the market makers will be well aware that this just came from the OTC sewer. When this hits $1, or opens at $4, or whatever the circumstances behind the gap up....the MMs know that a lot of the shares held by inexperienced (etc) OTC traders will be let go for way under their real value.
So to answer your other question N R. Why do I have sell orders in under $1? Because my total position size allows for some small sells at lower prices to cushion against a run up and take down. What if it gaps up to $1 one day and the inexperienced people holding millions whack it back down for weeks, or months? At least I'll have sold some and can pay my damn bills! LOL
So to answer your other question N R. Why do I have sell orders in under $1? Because my total position size allows for some small sells at lower prices to cushion against a run up and take down. What if it gaps up to $1 one day and the inexperienced people holding millions whack it back down for weeks, or months? At least I'll have sold some and can pay my damn bills! LOL
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