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Re: None

Thursday, 09/17/2020 11:58:06 AM

Thursday, September 17, 2020 11:58:06 AM

Post# of 14495
Y'all watching ASCM's "10K" bid absorbing millions of shares? I think I figured out their game: put up a never-ending naked-shorted well of shares on the ask with only 10K showing to deflate trader confidence and manipulate folks to sell 1 tick lower. This allows ASCM to accomplish the same thing as naked shorting without actually having to short since retail is putting up the actual ask wall one tick lower. Then they drive the pps down into their lowball bid, run the price up later, and flip the shares or cover a lingering short position built up over recent days. It's all fine - just part of the game on the OTCs.