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Re: cybermich post# 222536

Sunday, 12/13/2020 11:40:06 PM

Sunday, December 13, 2020 11:40:06 PM

Post# of 235105
I would set your sell price as high as your broker allows you to set it at and continue to modify it as the price rises. The purpose of setting up a sell order is so MMs have to allocate shares other than yours and this supposedly creates a shortage of share availability and hence the price action we saw on Friday afternoon. Whether there is any truth to the above only a broker would know but it makes sense that any shares that have an open order are unavailable for anyone to touch other than a prospect buyer at that sell price target!