back in 2019 when we were hard nobid and my broker was schwab (ptooie!) I also did 25K buys at trip 1.
I also got filled at 00005
sometimes at schwab, never my new platform, they filled me at 00006 (?)
one day, I bought 50,000 shares at open at trip 1....they DID POST they filled me at 000001
but that is IT. that's the only time i bought 50000 shares for 5 cents.
and schwab, NEVER my newer platforms, once let me both market buy and SELL at nobid. yes they let me a retailer SELL 2 million for 2 whole dollars.
I can only GUESS why schwab let me do that.
1. glitches and they decided I was an "institution"
2. schwab was hand in hand with the market makers (this is my favorite and tons of DD out there confirms this one)
3. kenny was like hey one day when powell blows money into markets in 2021....I'm gonna take it up, I'll buy any retailer fools who sell to 000001
but that was then. this is now. I can only do limit 0001 buys. period
and when I did them in the past for 25K once the PPS was 000001, it always filled me at 0005
we might never know about that 4.9M buy but those shares were listed on Ihub (which I assume takes its data from the exchanges, they claim ours was the nasdaq) ....as SELLS
it was posted mid day that vanguard significantly increased its position in movie stonk, 10% of the float (approx 51M shares) in their 13 filings.
this caused the algos last minute to BUY. so we never tested the bottom of the ascending wedge.
on UBQU...many more buys than sells and the MMs decided to poot a 1.3M buy to trip 1 to end us on trip 1. fits my theory that when algos are switched to BUY, algos buy just a lil more on UBQU.
this week is designed to shake out dumb money on the S&P, dumb money feeding kenny options call gambling on memes....as the mainstream media keeps calling for a market crash and I now personally adhere to the "inverse cramer/mainstream media" scheme.
for UBQU at nobid. it means we don't move yet.....yet....but I think it means we start leaning towards trip 1 more than 000001.
I've now had about 2-20M of my bag on the ask trip 1 for 2 weeks. I can tell you that first in first out to clear thing they claimed for stocks, I give that as little belief as I do Jim Cramer works on retailers behalf, also.
