InvestorsHub Logo
Followers 35
Posts 4650
Boards Moderated 0
Alias Born 03/18/2013

Re: 36Knuckle post# 178615

Thursday, 09/01/2022 1:19:11 PM

Thursday, September 01, 2022 1:19:11 PM

Post# of 183582
Yes absolutely.

I have hit the ASK many, many times and the trade gets recorded on tape as a SELL because MM filled the order at a better price than the ASK.

Remember that ASK is nothing more than a MM offering to sell x amount of shares for x price. Most of the time they are Shorting those shares and will work to cover those shares at a lower price and they make money.

As you have seen many MM trades are made between the BID and ASK if any of the other MM want to play.

It is just another reason you can't beat these guys short term and the crumbs are not worth the effort. Play for the HUGE Payoffs. it is worth the wait.