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Monday, April 02, 2018 11:46:43 AM
In fact, dollar volume traded during this post split downdraft has been relatively low. Just the weak hands finally giving up and dropping like flies.
I wish I could buy some at 7 cents. Look, when someone sells, it means someone is buying. And if not a trader or investor buying, then a market maker accumulating shares for when they reverse the stock price. The MMs control price in most cases, not the traders.
That's why a stock can go down 10% on a tiny trade, and on a huge buy not budge up. I see it happen frequently. And those trades that execute below bid, explain that one. Weird games they play.
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