Innovation Pharmaceuticals Inc (IPIX)

[roiresearch]

If a MM allocates a sell report to a client without actually executing the stock, their trading pad goes long

For example, customer Max enters a sale of 10,000 shares at .235

If the order doesn't get routed through SOES, it gets sent to either an agency or principal trader to get filled.

Tian is the trader with a flat position. The trader can just allocate a sell report to the customer's account at .235 without ever executing the stock. What happens is customer Max receives a sell repot at .235 and Tian just made his pad go long 10,000 share a .235

If we finally get the slow burn to the upside as trades appear to be hitting the bid, don't be fooled.

Just an FYI, the same holds true in reverse if Tian has a flat position in his trading pad, gives customer Max a buy report at .235, now trader Tian is short 10,000 at .235. This is just accounting 101. Max is long 10,000 at Tian goes short this same amount. This is what happens when a stock loses momentum on an intraday pop. These mm's have limit display screens that show when buy momentum slows in a stock and they can't just hold the line at a specific PPS before dropping it to finally cover their position