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Re: zig zag post# 2162

Saturday, 02/03/2018 9:58:09 AM

Saturday, February 03, 2018 9:58:09 AM

Post# of 21544
Yep, there were actually over 6 million shares posted by market makers within 10 minutes of the close. Notice the after close pps was 4 cents. What the MM's do is that they collude legally with the brokerages to buy and sell shares in huge blocks during the day, but they don't post them until the EOD. The reasoning is to hold the pps rather constant for their gain, until they can sell at some point in the future for big profits. With yesterday's volume, the pps should easily have been more than 5 cents if trading was not manipulated by MM's. Notice after ECEZ hit over 4 cents early in the day, the MM's deliberately walked the pps down during the day and kept selling batches shares, even on the bid and below the bid at times to control the stock's momentum. regular traders involved in retail are at the mercy of MM's and the brokerages who many times place large orders in the hands of MM's for the eventual transaction. It's a vicious system, folks. One take away is that the after close pps was 4 cents, much higher than the official close of .0280. This augurs well for the opening on Monday, since the 4 cents was the average pps that the MM's bought for during the day. They will want to recoup their money so, I hazard to say that the pps will be in the 4 cents to 5 cents range during the first hour on Monday. After that, the MM's will back to their game to manipulate trading again.