Thursday, June 02, 2011 11:51:51 AM
UNDERSTANDING MARKET MAKER MANIPULATION
So, this issue just popped up this morning at HIDE, and while I'm over there calming the nerves of people that see a stock go down like this, let me explain to you why you SIT TIGHT in a case of a classic market maker shakedown.
Now, keep in mind I'm using HIDE as a reference. And the share count between a $.02 PPS and $.10 PPS according to L2 is less than 177k shares, or roughly $5k. That's nothing...so why let the MM's scare you into selling your shares??? Pay special attention to the "100 signal" right at opening bell. This signals, "i need shares, take it down"....so they did, hoping that some poor schmuck would shake his shares loose. Worked.
This happened this morning at opening bell on AFPW, and I was able to pick up 300k shares at .0066 which I will surely unload here later today for $400-500 profit.
So, this issue just popped up this morning at HIDE, and while I'm over there calming the nerves of people that see a stock go down like this, let me explain to you why you SIT TIGHT in a case of a classic market maker shakedown.
Now, keep in mind I'm using HIDE as a reference. And the share count between a $.02 PPS and $.10 PPS according to L2 is less than 177k shares, or roughly $5k. That's nothing...so why let the MM's scare you into selling your shares??? Pay special attention to the "100 signal" right at opening bell. This signals, "i need shares, take it down"....so they did, hoping that some poor schmuck would shake his shares loose. Worked.
This happened this morning at opening bell on AFPW, and I was able to pick up 300k shares at .0066 which I will surely unload here later today for $400-500 profit.
EL JEFE'S TRADING FOR PROFITS
"I LAY IT OUT FOR YOU TO PLAY IT OUT"
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