PSYC Corporation (PSYC)

[transcendself]

the mm's are just trying to get newbies to put money up on the bid stack, and then they will clear the bid pile and drop the pps.... to lock those naive enough to gamble on this into losses... if no one falls for it they will trickle up the pps day by day until someone gives in to hope for a gain and makes the mistake of putting money on the bid....

it's a sick game they play... buy and sell all day and pay zero brokerage fees, they know when outside money (not their own buys and sells) moves into and out of the ticker, as they control the action by buying and selling to each other to create the illusion of liquidity, all in the hopes of luring the unsuspecting into giving them their money...

it is a trap, they (mm's) have way, way more money than everyone else, and yet continue to bend the rules to create unfair advantages for themselves in order to trick the unknowing out of their investment dollars. They can afford to wager thousands to cheat people out of twenties...

there is no real risk in it for them as they know everything about a stock before it happens, due to their control of the bid/ask pps, and are warned before anything catastrophic happens to the company, so they can load dump before the company dissolves or delists.