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Re: goldstandard post# 200898

Friday, 04/22/2022 10:52:58 AM

Friday, April 22, 2022 10:52:58 AM

Post# of 220549
Not true. MM's don't initiate buying/selling, they RESPOND to it. MM's don't even have eyes on this market, it is fully automated. they fill orders, they don't make them. If you buy or sell in their spread, you get your trade. they make money on every buy/sell, but not on the value of the stock, so they don't care WHAT the stock price does, they care that there are buyers and sellers. They compete against each other, not us.
To be a stock trader and not understand how MM's function IN THE OTC is like being in a stock car race using a gremlin.
Share price is dependent on buyers and sellers. If the share price is dropping, people are selling at MARKET, which is virtual guarantee of dropping share price. If you sell at market, your trade is instant, and you are saying you will take 'whatever' for your shares. That is what has been happening.
If you buy at market, you are saying you will pay whatever is asked. That drives the price up.