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Re: BigBlackDog post# 114815

Monday, 09/09/2019 3:39:48 PM

Monday, September 09, 2019 3:39:48 PM

Post# of 186031
You guys kill me. MM's don't care what penny stocks do - it is an automated trading system and MM's only try to match their bid/ask spread to what is reasonable for us and them.
They do not care WHAT the stock does!!! They make their money on every single trade, whether the share price is rising or falling.
There are no eyes on any of these stocks. You folks with a vision of some evil MM trying to corner the market on some penny stock are simply hilarious!! It is PREPOSTEROUS! That's not how the market even works...
Buy some shares, MM gets his cut. Sell some shares, MM gets his cut. Share price increases - MM gets his cut. Share price decreases, MM get his cut.
The spread is prominently displayed, and by SEC rule, they have to honor it. They can only buy/sell within their displayed bid/ask.