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Re: Xman1959 post# 210677

Tuesday, 01/24/2023 6:03:27 AM

Tuesday, January 24, 2023 6:03:27 AM

Post# of 219190
You don't know? All trading is handled by MM's. Anyone who buys at market is saying 'I'll pay whatever you ask'. After each tranche, they up their offer, so each tranche will cost more than the last. The whole point of limits is to control what you pay or receive for your stock.
When you see a big drop like yesterday, it is someone selling at market. When you see a price spike, it is people buying at market. That is how MM's make their money. They don't just set their spread, they change it constantly based on how people buy and sell.