![](https://investorshub.advfn.com/uicon/57148.png?cb=1482262108)
Tuesday, June 06, 2023 9:37:47 AM
ASCM is the most popular market maker for shorting stocks and create a scare when there in the ask and can. be a resistance level. ASCM often appears on very volitate stocks that made a nice move and ASCM looks to short for the price per share correction. When ASCM appears on the bid side close to the price level it means they're covering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support.
Here's a link that explains market makers in more detail
https://www.coursehero.com/file/p4cd7t3/Level...ations-of/
Retail Market Makers:NITE:CDEL:ETRF:ATDF:
Details: The market makers such as NITE, CDEL, ETF, ATDF will appear on the bid and the ask and their irrelevant because they’re only retail.
Institutional Market Makers:LAMP:PUMA:FANC:BKMN:CANT:
Details:-Seeing these market makers appear on the bid side near current price levels is agood indicator. They’ll provide support for the stock and often “declare a bottom”.-Seeing them on the ask side isn’t the greatest indicator because they’re known for owning a large sum of shares so the price level they appear on the ask at can be aresistance level.
Short:. ASCM is the most popular market maker for shorting penny stocks and create a-scare when their on the ask close to the current price level. ASCM often appears onvery volitate stocks that made a nice move and ASCM looks to short for the price per share correction. When ASCM appears on the bid side close to the price level it means they’recovering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support.
Dilutive Market Makers:. VFIN:VNDM:VERT:BKRT:BMAK:
Details: Market Makers VFIN, VNDM, and VERT being the “lead” on the ask if a negativeindicator. Being the lead on the ask is being the first market maker at the ask pricefor the stock. When VFIN, VNDM, VERT are there it is often company dilution, sothere can be limitless amount[/q]
GLTA DBMM 2.0!
Cheers, Red
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/17/2023 09:15:45 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM