Beyond Commerce Inc (BYOC)

[DwyaneMcRoberts]

honestly, today was just MMs wash trading...high volume, 4:1 sells vs buys, but also minimum movement in PPS.

When MMs wash trades to each other they are trying to force the sell off. They will dump on the bid to themselves to lower the price and make it look like people are dumping, but then you'll see the shares that got "dumped" immediately on the ask at a lower PPS then they were before.

Everytime the market maker shorts on the bid, they are lowering their short average. And remember, when you are shorting, the goal is to sell high and buy low. So if they keep selling lower and lower they are lowering their average, this is the same thing as a long investor averaging up and up to the point where their average position pps is the same as the current stock's pps.

Eventually the MMs reach a point where if they sell any lower, they will be at a loss. This is why they aren't breaking the 10 cent mark, if they are the ones to do it, then it actually won't benefit them.

The only way they can win this is if retail see's them shorting on the bid and the retail investor panics for no reason and then proceeds to dump. If no one gives them their cover, then they will do what they did last week and just give up and buy the shares off the ask only to repeat the cycle again for like the 5th time above 10 cents.

This is pure desperation. They've run out of shares to short, their average PPS is likely around 11 cents. They can do nothing but trade to each other and hope that some poor sap falls for the tricks and dumps.