Tuesday, October 21, 2014 2:45:13 PM
MMs do not want to buy on the ask as they make money by selling as ask and buying on the bid
Plus if they want to accumulate at low PPS they cannot get aggressive on the ask without skyrocketing the price. So they bid sit and occasionally sell into the bid in hopes to crash the price to grab all the low priced shares they can.
That's the game on the otc
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