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Re: surfstocks post# 25809

Wednesday, 10/25/2017 2:27:43 PM

Wednesday, October 25, 2017 2:27:43 PM

Post# of 30291
The Bidsitters are Someone's Scalping Bots

So are most of the asks. We established that there are at least two scalping bots running on ITKH (at .005 and .007 spreads) this morning through experimenting. We're going to need a catalyst to move in either direction. Mid-2's aren't "going to come soon" because the price is being controlled by these two (or more) bots. Whoever is running these bots would lose money if the price drops because they're based on buying (not shorting) and wouldn't be effective if the mark changes too dramatically.