PHI Group Inc (PHIL): It's just a way for MM's to tran...

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Re: 808R2XU5577 post# 62433

Tuesday, 06/01/2021 11:41:19 AM

Tuesday, June 01, 2021 11:41:19 AM

It's just a way for MM's to transfer large amounts of shares without effecting pps.

It's rather complicated but should be banned.

When initially implemented it was suppose to help regulate the market better. So for instance when an institution bought millions of shares at time ( block trades) it wouldn't have a huge impact on pps.

But now it's being abused.

(Note) Every post I make is simply my opinion.

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