Saturday, November 18, 2017 8:40:11 AM
I tried to sell at a modest profit back at the end of September, when the PPS showed a minor surge after a long period of stagnation. I wanted to invest in another stock that was actually going up at the time.
The gap here was around 15% give or take, and I placed my ask at $0.0001 below the current posted ask. Well, before I could even refresh my screen the ask was posted at $0.0001 below mine. My order didn't even show.
So I changed my order to $0.0002 below my original ask, and it happened again.
That's when I knew that retail investors were being stomped on, and the MMs would literally tell us when we could sell and for how much.
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