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Friday, May 29, 2015 1:10:58 AM
What does the end of day trading signify to you? Just curious. Apart from increased volume, of course.
Having once again watched the MM antics, they "shake the tree" sometimes making a ridiculous 500 shares sale that sends the pps down, and in the afternoon waiting until EOD, they count the last leaves falling, before buying, taking great care in not going over 0.4 $. So that sometimes make for slim pickings like today. So EOD just means that they try to maximize the "leaves" before making one last transaction. The important thing is that someone (s) is accumulating and has set a limit for the buying price that the MMs must respect.
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