Here's an example of where it could be highly profitable to bash:
1. Real, legit company
2. projecting great earnings, yet highly undervalued relative to those projections.
The basher can breed doubt which can enable him to load up on cheaper shares.
RE mms, you wrote:
<<the MM's aren't people. There is no one at the MM firm staring at the screen looking to screw you. It's an algo analyzing order flow designed to be flat by days end. That's all a MM is >>
How do you know this? I've long wanted to know how it all works in the penny stock world. I don't understand why this isn't readily avaiable information. Or is it? We sure have lots of folks on IHUB who are convinced there is mm manipulation.
I've given examples that suggest to me that there may be more involved by people than what you say. One was the lack of true volume on bid/ask, another being the trades that only report after market close, and a third being orders at the ask that are superceeded by an mm at their discretion - which I WAS TOLD by my broker they can do.
How do these things fit your understanding of the auto algorythm set-up?