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Wednesday, June 12, 2019 7:22:43 PM
All intra-broker/market maker today. All E*TRADE!!! No exceptions! No excuses!
Either a retail trader exiting based upon a lack of patience, lack of confidence, and/or thin skinned...Or...
It was a market maker selling inventory they had accumulated in an attempt to get the ask stacked at $0.0002.
What I witnessed on L2’s today was an aggressive attempt to get retail to lower their expectation and their exit strategy...
500 million shares did the trick...
I bet they sacrificed a 100 million or so to accomplish getting 760 million shares down from levels above $0.0002 down to $0.0002...
Here is to the guidance that is pending!!!
Rub-A-Dub-Dub…Three perps in a tub…The broker, the banker, and the counterfeit equity maker!!!
Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations.
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