we got a 10M one. was it you? lol.
of course that was 1000 dollars coulda been a retailer coulda been a MM
MMs were busy ALLLLL day long with their 4592 7334 00005 garbage. then the 10M hit, and THEN...why a 75000 sell and a 4925000 sell to trip 1.
market makers saying oh no, we got powell and 12 talking heads right now saying MARKET DOOM....get those algos SELLING the S&P down today (don't worry we're still in an ascending wedge next week they won't have THAT lame excuse)
and down goes the movie, and down goes the monkey and DOWN goes UBQU to 000001
also the 200M came back, but they aren't STACKING it like they used to . maybe some folks who hate ubqu want their 20,000 bucks out, maybe the MM ALGORITHM came back.
but yeah this is just trying again to shake day trading and scared hands at the major leagues, the s&P
i think the serious retailers come when they have 10,000+ in disposable YOLO bet income. that will happen imo this year, when the big boy memes pay off. If I'm right, Kenny and company wants to sell retailers 80,000 dollars worth of UBQU Right now. when teh day comes, even a million bucks of buys would not be happy for folks who like UBQU right here int he cellar.
oh yeah last thing NOT financial advice, but how I got my average to 00007 and take some garbitrage from these jerk MMs. I'm NOT doing it any more, but might return once we get a filing...
I 100% stopped doing it in the last 30 minutes of trading. if the petty MM wants to drive it to 000001 and keep it there, let them.
but what I did to get my average to 00007 was buy 25K at trip 1, buy sometimes as much at 100K at trip 1 right after they petty drop it to 000001.
at the moment no broker fees, all PFOF....of course if I paid 10 bucks to buy 2.50 of UBQU it would be a bad play, but at the moment, if they want to end PFOF imo we win. so they won't so why not, so they can keep the PPS down, let them SELL me a 2.50 buy for 25K UBQU at 1.25? they want to because for them it's nothing. and they really don't want retailers seeing ask slaps at trip 1 and any hope this sub basement "pos" stock might crawl out on retailer buying. it was fine by me if they want to sell me their shares at a 50% discount to fit their narrative.
back in 2020 when a certain mod was ruling this forum and shutting down everything and anything I'd post, and mocking my posts openly, he would get FURIOUS when I'd say I'd make the half trip off a market maker. well he was furious because I was a dummy back then I made the mistake of listening to ANYTHING he had to say and he KNEW that screwed the buddies he used to work for and in retirement was still working for. wall street.
