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S&P 500
5,291.34
(
0.15%
)
US TECH 100
18,200.00
(
0.41%
)
Dow Jones
38,711.29
(
0.36%
)
Brent Oil
77.53
(
0.54%
)
Bitcoin
70,940.01
(
0.53%
)
Post# of 68548
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deal guy

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deal guy

Re: CashValue post# 55473

Monday, 06/18/2018 5:06:36 PM

Monday, June 18, 2018 5:06:36 PM

Post# of 68548
I have said this before. My guess is there a supply of shares that are being sat on by Tonaquint that are impacting the actions of the market makers. Tonaquint likely still has a few hundred million shares left to sell that they can sell at a profit at $0.0001. This overhang has to be cleared. The new MM rules are likely impacting how and when Tonaquint sells these shares and which MM's are willing to handle the transactions.
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