Seen an interesting read on the MM's off another m
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Posted On: 06/05/2020 2:25:11 PM
Seen an interesting read on the MM's off another message board. Written some years ago by a retired MM. As he stated he's been out of the game for a while but felt his unscrupulous that he did seemed to still resonate in the markets today. Crooks will always be CROOKS just find new ways to manage.
Basically it has to do with the Bid/Ask spread and sometimes they need to SHORT THEMSELVES to stay employed....they catch up by manipulating the B/A to have sellers running in fear, the catch back up until there is a TRUE RUN....THEN THEY BE IN TROUBLE....
As the article goes on it a VICIOUS CYCLE because most of the OTC BB IS RUN BY CROOKS.....BIRDS TOGETHER FLOCK TOGETHER....
Moral of story is if you BELIEVE in the COMPANY.....STAY LONG......so for those who picked up the 50's were probably/most likely either day traders or short termers gettingout fast.....STAY STRONG LONGS !!!!
Basically it has to do with the Bid/Ask spread and sometimes they need to SHORT THEMSELVES to stay employed....they catch up by manipulating the B/A to have sellers running in fear, the catch back up until there is a TRUE RUN....THEN THEY BE IN TROUBLE....
As the article goes on it a VICIOUS CYCLE because most of the OTC BB IS RUN BY CROOKS.....BIRDS TOGETHER FLOCK TOGETHER....
Moral of story is if you BELIEVE in the COMPANY.....STAY LONG......so for those who picked up the 50's were probably/most likely either day traders or short termers gettingout fast.....STAY STRONG LONGS !!!!
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