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Re: Ralph1966 post# 148623

Wednesday, 12/09/2015 1:50:54 PM

Wednesday, December 09, 2015 1:50:54 PM

Post# of 290030
BMAK is a market maker. And since my earlier post he has indeed moved down to .095 and is now alongside two other MMs with the lowest price available. Where BMAK goes, as does the PPS, and only buy volume on the ASK can knock him back.

The reason why BMAK is more relevant is due to speculation that shares related to financing are being distributed through BMAK. One way or another, an aggressive BMAK is not a good thing for the short term PPS. Then again, he could fall back on his own at any time.

Good luck