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Re: gmoneypenny post# 39491

Friday, 01/20/2017 10:40:16 AM

Friday, January 20, 2017 10:40:16 AM

Post# of 203913
People have this simplified view of the stock market where every transaction is a buyer and a seller agreeing on a price. The truth is market makers buy from the seller and sell to the buyer, so they make money on each transaction twice. Additionally, MMs can do naked shorts and post absurd bid/asks to make it look like pressure is building one way or another.

The volatility in this stock is purely MMs pushing it up and down to make money. Once earnings are in an we get a realistic PPS the games will be over and we'll see some stability. But it's going to a an exciting ride. OWCP has so many fires in the forge. There's going to be exciting news every few months for the foreseeable future.