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Re: raja48185 post# 84890

Thursday, 11/01/2018 2:43:24 PM

Thursday, November 01, 2018 2:43:24 PM

Post# of 108192
Why would the algos focus on driving the stock from $1 to 50 cents, when they could make much more money drivng the stock from $1 to $30?

I'll buy Algos causing it to overshoot or undershoot 10%. I wont buy that the plunge from $30 (or $27) to 50 cents was due to manipulation

algo trading is about making tenths of a cent on market inefficiencies, not tanking a stock from $27 to 50 cents

You have to ask yourself, "Do I feel lucky?" Well, do you short punk?