InvestorsHub Logo
Followers 4
Posts 795
Boards Moderated 0
Alias Born 11/24/2017

Re: luke5516 post# 76101

Tuesday, 03/13/2018 1:32:51 PM

Tuesday, March 13, 2018 1:32:51 PM

Post# of 194925
Closes green today? MM's do not want to be holding this at a low price if news comes out after the close, or before the open. Right now MM's are collecting cheap shares from stop-loss sellers and any short sellers. MM's go bottom fishing during the day to load up on lower priced shares and then sell them the next morning for higher prices. That is exactly what Market Makers do, they make markets. Unfortunately, this usually means the retail investor buys in the morning high and sells in the afternoon for losses.
Wash, rinse, repeat so the MM's keep making their daily profits.
GLTA longs!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RXMD News