Tuesday, July 01, 2014 4:53:17 PM
Market Maker is taking a different tack today, not his usual "average price" ploy. $RIGH, sigh...
SHAMELESS!!
MM reported his "SELLS" as a "Form T", or AfterHours transaction today. MM sold .0006s and .0007s to unsuspecting bids during the day from the supply of 17.5 million .0005s he had already bought (but not reported until AH) from the insider dumping.
http://www.investopedia.com/terms/f/formt.asp
So today's low was again .0005, and the little guys get shafted buying the .0006s and .0007s. Wonder what he has up his sleeve for tomorrow!
Does anyone know the MM's name? My Level 2 doesn't show it.
TIA, and best to all.
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