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Re: HokieHead post# 10523

Wednesday, 03/10/2021 5:20:23 PM

Wednesday, March 10, 2021 5:20:23 PM

Post# of 28548
Let's look at the example you pointed out earlier today, what was it, 50,000+ bid whack turned around and put on the offer .015ish higher, maybe it was more like .02 higher.

50,000 shares for a .02 flip is $1,000, $750 if it was for a .015 gain.

Now imagine being the person who is sitting on best bid and best offer getting most of the volume that comes to each area. Always best bid, and always best offer. What he doesn't sell gets added to his inventory and that's why we have the perpetual reloading offer. It's being fed by the perpetual bid whacks because of the perpetual big offers. It's a cycle that can be broken if people stop hitting bids.

I hope that puts it in better perspective. You are 100% correct, it's not investing, it's a very effective way of controlling PPS and sucking the money out of new and experienced investors who don't understand why their position has gone red.



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