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Saturday, July 18, 2020 6:32:02 AM
Diluting market makers often only show 10,000 on the ASK, to lure retail into buying shares, as inexperienced retail traders don't realize that there are far more shares the diluting MM wants to unload, than the 10,000 being shown on the L2.
This is easily proven by buying 10,000 shares when the diluting MM is on the ASK alone at the lowest ASK price. The diluting MM and the 10,000 shares stays on the ASK even when the 10,000 shares are purchased multiple times.
It's another advantage that diluting market makers have. Anyone that's been around penny stocks for a while, knows this.
Exactly why I don't recommend buying $GRNH stock until there's a reversal and ALPS disappears completely.
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