The volume is not down-->
It’s never down for any specific reason especially an assumption a huge rise is going to happen.
Volume fluctuates each day with one day huge volume, the next very few. That has ZERO to do with people anticipating a rise in price.
The only ones selling are the company and the ONLY shares the market makers are buying are directly from the company. No one is or can sell shares that are public investors or they would lose money.
The bid may say one thing but the market makers will not buy from you on the bid. If they buy from you, they have to pay more then what the company is allowing them to buy directly for.
When the market makers buy directly from the company for less than the bid means they will not buy your shares, EVER!
Why would anyone buy anything from a distributor (The bid) when they can buy direct and save lots of money. You see the bid advertised for one price but the buyers (The market makers) will never buy from you and only buy wholesale from the company directly.
To put that into perspective, if you see a TV for sale at Macy’s for $1200 and you see the same TV for sale direct from the manufacturer for $500 would you buy the higher priced TV? Of course not.
Market makers buy wholesale and will never pay retail (The bid price) Maybe that will sink in.
And the company selling shares do not want anyone but themselves to make money so literally YOU the investors are all cut out of the deal.
And as soon as a price rise that is high enough for many to profit by, will cause the market makers to shut it down with a bid of $.0001 to stop anyone from getting out with a profit.
You may see green and push the sell button but it will not be executed. By the time your order gets to the market makers, your sell order will be cancelled.
The spread (commissions) the market makers make is now at $.0001. If 100,000,000 shares today are traded the market makers spread commissions are in total $10,000
But if the company tells the market makers if they buy direct from the company (3rd party holders) they will sell what is trading at $.0016 for $.0012 allowing the market makers to net $.0004 (4x the posted spread) that's $40,000 not $10,000
And because this is on the down turn, SGMD may offer them even more discounts to just get rid of the last 7 billion shares.
Remember! 10,000,000,000 shares sold by SGMD for just $.0012 is still a hefty $12,000,000 while the market makers make $.0004 x 10 billion is also $4,000,000.
So easy to see yet so many are blind.
AI
