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Re: None

Monday, 07/24/2023 1:46:52 PM

Monday, July 24, 2023 1:46:52 PM

Post# of 113410
It is mind boggling to me that people invest and they don't even understand a clue about how things work. A large percentage of the trades that any specialist or market maker does is based on a moment of time that they don't actually have inventory. A market maker's primary job is to create a orderly market. So they have a duty to not allow a company to go up 5% based on $10,000 in buying, especially in a stock like SHMP. Therefore a market maker in which this happens probably 5 times a day on shrimp does not actually have inventory but offers out a stock like SHMP, (let's say 150,000 shares) for the purpose of creating an orderly market. That is reported a short because the MM did not have the inventory. If the market maker did no additional trades, he would be reported as a short. It is not a short for what most are thinking so it is useless and completely irrelevant information. It means abolsutely nothing and to insinuate a short squeeze is absurd. It is equivalent to saying an S-1 for SHMP will be effective in a week. Complete nonsense
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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