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Friday, 07/24/2020 11:42:54 AM

Friday, July 24, 2020 11:42:54 AM

Post# of 233240
Not being familiar with how the OTC works "from the ground up" I've been doing some reading and wondered if the more seasoned and experienced investors agree with what this article lays down.

https://tickerjunkie.com/market-maker-speaks-ways-market-maker/

To me it fits how I've seen CYDY volume and price fluctuate the way it has.

The last two paragraphs pretty much sealed it for me when I read:

The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company.Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.

This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.


Just to let you know....it's OK to throw some SNICKERING my way if this article has got it all wrong.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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