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Re: M_Ms post# 47245

Thursday, 08/22/2019 9:06:28 AM

Thursday, August 22, 2019 9:06:28 AM

Post# of 52221
With all the bad press, I wonder why this POS hasn't hit .0001 yet? It's probably because ticker HMNY is an easy target for high frequency trading algorithms. It's so simple to profit one cent per trade on this garbage.

That's right...1 cent profit is what these algo computers are programmed to make.

Example: Sell 100,000 shares at .0000001 = .01

Do that several times a day on hundreds of tickers (especially penny stocks) and no commissions and that can add up to $400,000 daily.