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Re: FullDeck post# 75118

Monday, 06/30/2014 8:37:02 PM

Monday, June 30, 2014 8:37:02 PM

Post# of 92705
Sells 19 to 1 over Buys, "Painted" close at .0007.

The Market Maker and an "unreported, off-market seller" (not seen on Level 2), colluded to transact most of today's volume.

Market Maker bought 26.5 Million shares off-market at .0005 from "unknown seller", and fed them to unsuspecting bidders (little guys) at .0006.

These 53 Million shares (26.5 * 2) accounted for most of today's 57 million shares traded.

And then of course, the end-of-day mini-trades to paint the close, disguising the fact that this was a selloff day (AGAIN) with almost all the action UNDER .0006.

Bag-holders were the "little guy" buyers of the .0006s.

DETAILS:


Anyone know the name of the Market Maker?