Friday, December 09, 2016 8:17:15 PM
I think the context he term was originally used is also correct as MM's are capable of walking a stock down on low price prints or conversely upticking it at or near the close. For the most part it is irrelevant to investors in these type stocks if investors are not short sighted and are hoping for impactful future event. One reason I don't think market makers are substantially shortDECN is because they are all aware of the lawsuit. Even if it is a long shot it is not worth taking a big risk. Keep in mind market makers can constantly sell the public shares even if they are short. If they start selling a stock shortat 1.00 they can keep selling it as it upticks and average up. Eventually the stock generally backfills and mm does ok. This is not like shorting as a personal investor, this is a normal business function of their job. That is sometimes the reason for oddball end of the day prints that make the stock lower or higher
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM