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Re: drugmanrx post# 93538

Friday, 09/11/2020 3:11:38 AM

Friday, September 11, 2020 3:11:38 AM

Post# of 104562

You do realize somebodies BROUGHT those 5 million shares.



This would be the market makers. What are you thinking?

So if it is the company selling the shares someones thinks they are worth owning.



This only happens when someone hits the ask. Generally I saw much more shares hitting the bid than the ask. Voila the price goes down. This has been happening for a long time. Check the 10-year chart. Alternatively, the market makers make their money by separating the bid and ask. And again, voila the price is falling to show you what investors and the market are thinking of QMC management's performance. What were you thinking?

And if it is retailer sellers those share just went to somebody who believes they are worth owning.



Once again, this only happens when someone hits the ask for the same number of shares. Do you realize this and understand how the market works and what causes a share price to rise and fall? The share price would hold better if an equal number were hitting the bid and ask.

Many Kongs fall into the trap of partaking in the QMC market consultants' play pretend world, with no basis in reality, in which they think those who exhibit any sensibility are abhorrent characters. Thinking the price is holding up because an equal number are buying as selling after viewing the charts is pure illusion.
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