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Re: pennyplayer777 post# 889

Friday, 12/04/2015 8:05:07 PM

Friday, December 04, 2015 8:05:07 PM

Post# of 2794
Hard to believe it's this cheap because I want to believe that markets will give fair value on a stock but that's not the case anymore.

Just observing the way this trades, there is typically one spoofing market maker, EDGX. ARCA and BATS and EDGX then are in lock step to manipulate up and down, then you'll see other algorithms operating via several MM taking their lead. It's been going on for months. Then they will take out stops along the way down. It's unbelievable that they are so blatant, particularly when ARCA is planning another attempt at an IPO after a disastrous attempt to go public a few years ago. They don't even know what's living in their backyard. Good luck with that IPO ARCA. Oh, if the press only knew about this clear manipulation and if only the SEC had some teeth to reign in algo trading. But.. I've found I can use it to my advantage because it is so blatant and predictable. It's why I knew 2s were going down today. I did think it was going down to 1.80 but there wasn't as much panic as I thought.

These are just my opinions from observing day in and day out.
Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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