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Re: louieblouie post# 67847

Sunday, 08/08/2021 1:11:56 PM

Sunday, August 08, 2021 1:11:56 PM

Post# of 141026
That's interesting/awesome. Per NASDAQ, "Reg NMS does not include odd lots in the NBBO." So a few thoughts on this... (if I understand their Reddit theory correct)

1. Theory is retail has been dropping price by buying oddlots all along. It categorizes as buy-order for overall daily counts, but also counts as an oddlot which does NOT count for price affect.

2. So retail can dry up the pool and accumulate shares on the downlow without lifting the price at all by just purchasing in oddlot 99 share blocks. (Lower purchasing side)

3. So retail can sell after the squeeze without affecting price by selling in 99 share oddlot blocks which doesn't drop price for others selling. (Higher selling side)

4. So participants can sell 99 share blocks and purchase 100 share blocks if desire is to raise price.

Sounds like the meme community is learning that two can play at this game once the rules are understood and how the loopholes have been manipulated if this is correct.

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