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Re: MU_Redskin1 post# 276972

Thursday, 01/05/2023 11:38:05 AM

Thursday, January 05, 2023 11:38:05 AM

Post# of 347902
As it has been pointed out, the 505 could be signaling.
CDEL and PAUL could be a result or coincidence. MM's can do a lot on a slow churn if coordinating, that is why it's not legal. A huge "if" here, but if there was NSS, you would want to cover it over time on a slow roll.

Factually, GLED has a similar reputation as PAUL. It needs to be said that disposing of institutionally acquired shares is not necessarily nefarious and traditional markets use the same process to mitigate dilutions effects on share price.
But in OTC MM's serve many different entities and just because the core business is one thing doesn't mean they didn't see opportunity with DBMM in another capacity.
As to why on the sidelines, their purpose is to make a market for DBMM, if the market is being made without their interaction, then probably hanging back for that reason. I would say it is a bullish indicator overall. If they were active I would think it might show weakness or some desperation in the stock.

Thanks for the good questions!