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Re: legaltips post# 79080

Tuesday, 08/28/2018 3:49:53 PM

Tuesday, August 28, 2018 3:49:53 PM

Post# of 110337
It's funny how folks in both crypto and penny stocks don't realize that that's literally what a market maker does: has shares on the bid and ask at the same time, providing liquidity to both buyers and sellers.

Yes, sometimes the MM seeks to move the market, but the primary way they make money is by harvesting the bid/ask spread. It's easy money with very little risk. Manipulating prices around to suit your profit motive is extremely risky and difficult profit.