Wick, MM's have to maintain a certain percentage in house. Kind of like a reserve in banking. Complicated unless you know some people that have played the game. Visit one and it will open up an entirely new world.
GZFX is about news, period. Has nothing to do with the MM's heading into the 15th and beyond. News will take it way up or slam it down. They know this and trade the ranges giving a cushion in the case of a news release. They can manipulate within range. But GZFX will move up 200% or down 50-70%. Either way is indifferent to them.
The formulas are set for thousands of stocks. You think MM's research the stocks they handle? Think again. They may not even know the significance of the 15th. They get L-3 and can see all the orders. This is how it is done. In fact, they probably held it up today. Momentum is powerful. They can certainly play on the emotions of traders with what is displayed on L-2. A comfortable range for them is appealing. It is impossible for a live person to sit on a computer and follow each stock. Really think about how vast the stock universe is. And then realize how the trades are executed.
MM's do not typically know what is coming, so they use equations to hedge, taking a small cut each day. Sure, they make more some days than others. But to tell people they are accumulating is flat wrong Wick. Sure, it may move up Tuesday because it is the 14th, but not because Wallstreet.net old news hit AOL. Come on.
They are not accumulating for an increase in pps. This would indicate they have information on what will be released. MM's make money on a day like today. .0095 to .0112 range, and playing the percentage game. In fact, they make the most the lower the pps goes. For instance, .0001 to .0002 is 100% return. Not going to educate you on all this tonight.
Very shocked at your wallstreet.net post and now this.
You are talking like a rookie now, Wick.
