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Re: GmanCaddy post# 6919

Monday, 09/16/2019 10:40:05 PM

Monday, September 16, 2019 10:40:05 PM

Post# of 11078
If people were "dumping," they wouldn't be hitting the ask, and that is what happened most of the day. The only 1.5 day issue was that one single market maker did not want the price over .51. That's not retail "dumping." That is an mm who wants to control the price for accumulation purposes. The only way to beat him at his game is to add with him (if one can). He wants shares, as evidenced by his post split cover trades after every ask hit of GTSM occured. It's pretty simple.

With that, there is no perfect world where "it would be well over $1 by now." That's not how it works. Wish it did. If retail wants to dump, GTSM will be tickled pink. That's what he's hoping for. He'll back off the ask and it will move back up. It has too, and ALWAYS does in this situation

people are dumping not accumulating, if people were actually buying this would be well over a dollar by now and it’s not