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Re: Lapbid post# 70551

Tuesday, 05/17/2022 9:20:32 PM

Tuesday, May 17, 2022 9:20:32 PM

Post# of 72929
NOT!!!Market makers trying to fake out before the break out. HOLD ON!!!

That would be called manipulation and against FINRA rules for market makers. In addition, there is no incentive and/or advantage to market makers to keep the price low. Market makers make their money on trading volume. The greater the trading volume, the more they make. If anything, a market maker would want to see interest and an upward movement of SP, as an indicator and incentive for buyers to enter the market, Traders/investors do not buy stocks that are weak and in a downtrend.
Just another fairytale about MM's wanting to keep SP down. Obviously, someone with a good amount of shares wanted out.
The real question, after GIFX became current, is WHY?? Not a good sign.

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