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Re: None

Tuesday, 08/26/2014 10:47:18 AM

Tuesday, August 26, 2014 10:47:18 AM

Post# of 341651
WHY WOULD THERE BE SO MANY SELLS AT THIS TIME?
One would think we'd fly instead of drop. I can't imagine having shares only to unload them on great news. Am I concerned? Not really!
MMs are priming for a big upswing once they're satisfied the PPS is as low as they can get it. Then it's out of the cage.
If you don't think that they have a lot of control in the pennies, you are mistaken. They have ways of driving the price either way, and it's called manipulation, which they can, and will do to affect the PPS.
A simple method of this practice is they have ringers who will sell off a few shares at the bid, and do this in increments so as to not lose much. The can drop the price by selling a dozen shares.
On the other side, a buyer can cause the price to spike simply by offering to buy higher than the ask by buying only a few shares so that it reflects the price of the buy, and therefore showing as the last, which can give one false hopes that were taking off. Then we start chasing it, only to have the cycle repeated.
It's a sick game, but very effective, and only by holding onto your shares do you stand a chance to make your money as the MMs lose control of the price as a result of positive PRs. Don't worry. This happens all the time, and until we have meat to grind, we'll have to settle for oatmeal for a little while.