InvestorsHub Logo
Followers 126
Posts 7341
Boards Moderated 1
Alias Born 12/03/2017

Re: rockie101 post# 160679

Tuesday, 09/27/2022 10:45:22 AM

Tuesday, September 27, 2022 10:45:22 AM

Post# of 199172
Rockie - I wouldn't put too much into that with ASCM on L2. I'll bet that 90% of those sells are naked short shares to push it down.

Watch them on L2. Theyll sell a bunch to push it down, then throw up a bid several ticks cheaper than what they just sold. The ask keeps moving down in the process, and they keep covering on the way down.

What they're doing may be a lot of things, but "Making a Market" is for sure not one of them...