InvestorsHub Logo
Followers 28
Posts 5308
Boards Moderated 0
Alias Born 05/21/2016

Re: Niceguy1 post# 33069

Thursday, 07/15/2021 4:29:07 PM

Thursday, July 15, 2021 4:29:07 PM

Post# of 50445
I think MMs are just trying to maximize profits from selling shares but I can't imagine it's that much in commissions. Why they do it here and not other tickers remains a mystery to me. It's certainly not unheard of to move a BID to the ASK but the frequency and timing is suspect. Watching the L2, it's predictable that the MMs will walk down the pps to reach a large BID that they want to sell. So, they move BIDs to the ASK to sell the top BID once they reach it. We've had a few 4 tick drops just because of that MM manipulation.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GRST News