Renewable Energy and Power Inc (RBNW)

[Lord_of_Trades]

I think the whole "this MM does this" and "this MM does that" thing is a bunch of crap. At the end of the day, any MM can fill any retail order and/or place their own.

I've seen my buy orders go through NITE plenty of times; which is a common MM that ihubbers claim "only shorts."

If you want to test the theory, all you have to do is place orders at a very specific amount (i.e., not a round number) and see how they are filled by varying different MM's at different times and on different days.

Do the MM's manipulate the price of securities? Absolutely.

Do retail traders manipulate the price of securities? Absolutely.

RBNW can be manipulated 20-40% with a mere $1K-$5K.

When the float is this thin, and the volume this low, the currently displayed price is nothing but a smokescreen to instill fear and/or confidence in less skilled or informed traders in the security.


The fundamentals of this security are quite simple at this point. Either you believe the current trends of improvement in gross profit/net income are going to continue (which would forecast to profits sometime around the end of Q2/start of Q3 this year) or you don't. Until that trend is either sufficiently verified or debunked, there will be no real move with volume to be seen here... unless a manipulator gets the herd running.

Good Luck to ALL

-Lord