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Re: None

Tuesday, 05/16/2017 11:25:30 AM

Tuesday, May 16, 2017 11:25:30 AM

Post# of 141616
I 'like' the tactical stand Market Maker/MM 'NITE' is currently taking on the Ask sitting @ .0075. When I type 'like', I use that term very loosely here in this instance, lol. NITE is usually an MM for retail buyers (much like ETRF is, which is ETrade) such as us here on these message boards, but I "THINK" NITE is there to prevent low-balling the stock priced/pps in this instance. NITE being at the Ask at .0075 has a twofold purpose here- to prevent the stock to dip more, BUT IF it does dip, they are there waiting on the other end (on the Bid) to chomp up even more shares. So....it has NITE is playing double duty here, lol. Good strategy IF this is what is happening and my hats off to the person or persons for taking the stand. smile Admitting, I've done similar things in the past and it's not illegal, so why not. In this case, despite not having any volume at all today, I'm all for what this trader/traders are doing. big smile I for sure won't be selling ANYTHING under .0075 or even .008 or even ????? wink

Anyways, have a great day All!! And God Bless.