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Alias Born 10/16/2019

Re: None

Wednesday, 10/16/2019 5:06:03 PM

Wednesday, October 16, 2019 5:06:03 PM

Post# of 186029
this is to shotsky and anyone else. I'll figure out how to do a reply response later. So...I understand that if I put in a limit order tonight for say 0.034 and it opens with an ask of 0.025...from my understanding, it should fill at the lowest published price (ask) at 0.025...not 0.0205 which might only be slightly above the bid and lower than the current pps. I mean...if the MMS can fill at a price lower than the lowest ask...thereby dropping the pps...then what is the point of having an ask. I guess I am probably naïve in thinking that I, or any other investor, should be able to trade and make decisions based on the current published bid and ask prices. Because if that is not the case, then MMs can completely dictate the pps by selling shares at say...0.001 if they wanted to. What a bargain, right? We can buy all the meaningless shares that we want if the price can always be undercut. I admit...I may be naïve...but this practice seems to fly in the face of a fair and organic market.