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Re: MACDaddy post# 50753

Saturday, 07/18/2020 7:46:42 AM

Saturday, July 18, 2020 7:46:42 AM

Post# of 51845
$GRNH - As you look at penny stocks on Level II - some Market Makers show only 5,000 or 10,000 lots of shares on Level II.

Unlike big board stocks, you cannot trust the share data on Level II for penny stocks, because government regulations do not require Market Makers to show all of the shares they are bidding to buy or offering to sell.

In reality, a Market Maker may have significantly more shares to buy or sell than the amount they are showing.

The way to uncover this discrepancy is by watching the price / sales action on Level II. If a particular market maker keeps buying or selling shares, despite only showing 10,000 shares to buy or sell on Level II, then you know that they have a lot more shares than 10,000 that they are either seeking to buy or trying to sell.

Also, imagine being able to both dump diluting shares onto the market (pushing the pps down) AND while also shorting shares (knowing you can push the pps down by dumping dilution shares onto the market). Think you could make money like a toxic diluting market maker???

$GRNH - like all penny stocks, are controlled and manipulated by the market makers and the companies who use share dilution to fund themselves.

The whole market is a scam. But there are still opportunities to make money, even with penny stock scams.