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Tuesday, 01/03/2023 2:02:47 PM

Tuesday, January 03, 2023 2:02:47 PM

Post# of 18774
I am seeing the MM Puma on BMXI from time to time. From what I gather: ...Of all those listed, PUMA is one which can make you pull your hair out more often than not. A lot of times you will see PUMA on the high bid and rarely, if ever, on the ask. Then, there are times where you will see PUMA boxed in (on the high bid and the high ask) with a wide enough spread to “scalp” the in between as well as scare investors into selling to them on the bid.

What PUMA will be looking to accomplish is one of two things: either accumulating ahead of an anticipated public event, or a short covering before a possible move to the upside. Either way, this battle can last weeks and makes seeing them atop the bid/ask of a ticker one you will only want to enter into if it’s understood you could be there for awhile...

https://www.32trades.com/market-makers-knowing-what-youre-up-against/

Shorty is Faded here. My posts are my opinion. Opinions may vary in direct opposition to other views. All my posts are for entertainment purposes only and not professional stock trading advise. Trade at your own level of risk(s).

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