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Saturday, May 20, 2023 12:09:17 PM
911 – Pending News/Press Release On The Way
What does the Market Maker Code 911 Mean? The market maker code 911 is an indicator to look out for because it tells investors that a pending news release or press release may be on the way.
When used on its own, this signal has no bearing on the stock price but can help you decide if you want to hold or sell your current position.
If you are looking to profit from the stock, you may want to sell out before the news comes out if you anticipate bad news.
However, if you anticipate good news from the company, this may indicate you are willing to take the risk and hold your shares, awaiting the potential upcoming news release.
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