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Re: ironguts post# 12029

Wednesday, 06/13/2018 12:36:05 PM

Wednesday, June 13, 2018 12:36:05 PM

Post# of 53178
MM is a market maker, I know you know that. But how would you know who's buying and selling? Sure you might see them on L2, but I look at it this way, and I'll use the last 2 months as an example. Volume for SGMD on the high end is a million shares. 1 mil at .17 is only $165,000 traded in a day. Most days less than that traded in a day. That's a very small amount of money for big boys, any person out there in the world can easily be trading that kind of money here. At any given time, one person can dump or buy a lot of shares, only $25,000-$50,000 worth of shares can move the price a couple pennies, doesn't mean it's market makers. But I really don't know honestly just my way of looking at it... seems on every board there are people pointing fingers at market makers, even when I myself make a big trade sometimes on the stock board someone will say it's a market maker.