3Power Energy Group Inc (PSPW)

[davied25]

The market maker ETRF mostly routes retail orders for many brokers (more than just e*trade clients) which are investors like you and me. To see a market maker like ETRF out of the active price action during regular trading hours is rather odd, and especially to jump up to such a high price from the current one. It doesn’t mean anything in particular other than that ETRF has no active orders to sell at this current price point, which to me means that we are locking/have locked the float. Think when major buying pressure comes from retail buyers - if ETRF and potentially other MMs don’t have the adequate shares from their own stash to fill orders, the “squeeze” will hopefully drive the price higher as everyone looks for shares (either at that time or later if they sell short and have to cover), assuming all of us continue to stay unwilling to sell at a lower price.