here is my theory
the market makers and brokers who trade the otc,
simply short the buy orders that come in from retail traders.
that's all they do
they don't know or care about actual share structure
because they are allowed to print and sell shares they do not own
regardless of what the actual share structure may be.
as long as they can print and sell more shares than
the eventual buying demand, they know they will eventually win
even if it has to go up for a while
when volume drops off usually during mid day
they step in front of everyone who wants to sell on the ask.
and just print more shares to to hit the bid of whoever ventures on
to the bid. and ultimately as the share price dwindles
even on a hot momo, they know the retail trader who chased will try
to minimize his losses and be forced to sell into the bid
because they've blocked his attempts to be able to sell on the ask,
by stepping in front all of his orders. with more fake shares.
and the typical pattern is to drive it down for at least 3 days
once they get their 'top' in,
before they even worry about any attempt to cover the load of fake shares they printed, and balance the books.
and as long as they've shorted the whole load, their balance goes
up with every downtick they manufacture.
so whatever powers that be, they've allowed this system
to function completely as a shorting system for market makers,
brokers, and toxic financiers to profit from,
all of which trade against the average retail trader
so typically only gains taken quickly are allowed to take place
anything held long term, and the system makes sure
your position is a losing position. as long as you
are still holding it. at least 99 times out of 100 anyway.
all imo
so this whole system is rigged.
I have not read this anywhere, I just see it happening.
over and over and over again.
the market makers, and the brokers, and the toxic financiers
all profit from the entrenched shorting system in place.
and the average retail trader is at a huge disadvantage
to make a winning trade fighting an entire system
set up for him/her to lose money.
all in my opinion only
but that's what I see.
