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Re: None

Friday, 08/02/2019 12:19:09 PM

Friday, August 02, 2019 12:19:09 PM

Post# of 53514
I know most on this GMGI board are savvy investors, and I don't mean to bore you with this. However, someone that is not as experienced could be intimidated by the current action.

The typical Market Maker (mm) is both a Buyer and Seller. My point is WABR is "hired" to be a Seller. That's what their firm does. When I used the term "aggressive", I meant he was ONLY a seller. This typically will introduce more selling than usual, during a short period. When more sell than buy, the price will dip. If you are like me, and are a Buyer, you want the cheapest price, and take advantage of the situation to add shares. A weak or unaware hand might sell into it out of "fear". If you have been watching that ASK it has walked down from .0058 to .0052

Citadel Securities (CDEL), Canaccord Genuity (CSTI) and Cantor Fitzgerald (CANT) are friendly MM's for the most part and both Buyers and Sellers .

WABR is "hired" to be a Seller only and typically will NOT be in the lineup day to day. If you see them show up on the ASK, on your L2. You'll know that more selling than buying may occur that day. So far today we have twice the selling volume as buyers.

https://ih.advfn.com/stock-market/USOTC/golden-matrix-group-inc-GMGI/trades
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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