lets say my name is market maker A
market maker A is a non dilutive market, i am fair and try to make a profit while helping investors...ETRF comes to mind.
I see my L3 and many sellers that were at .0002's now moved to .0004's bc of the latest filings and news...knowing that the market will move up i buy shares at .0001 that are now in my inventory and put partly on .0001 as a BID to buy more and SELL .0002 to people that want to now buy the stock...i make the profit from .0001 to .0002...now i will be like VNDM and NITE and others and continue to sell .0002s but not budge... giving me a short leg on the trade.. and then i add more on the bid...as people realize its going nowhere they all sell into .0001 making me the profit from .0002 to .0001 as i cover my shares. VNDM will do the same as they are here to make money above the NOTE amount, (nobody is in it just for the small profits).
One thing i did forget to mention which is hugely important is RISK.. mm's take only the risk they think its worth...
does the 2 billion bid come to mind??
Rule 1. DON'T GET GREEDY!
Rule 2. Go back to rule #1. GREED.
INFORMATION PROVIDED IS MY DUE DILIGENCE AND OPINION ONLY.
