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Re: 1jas post# 71767

Friday, 01/05/2024 1:59:38 PM

Friday, January 05, 2024 1:59:38 PM

Post# of 84226
Not at all. The share price goes down when people sell at market. We've already heard from some that did that. The INSTANT you sell at market, your first tranch will be filled, the MM's will adjust their price down and that repeats until they are all sold. I have proved it in the past, by selling 10M shares at market, while TELLING the group that I was going to do it, and then the share price dropped 10% JUST from my trade. I can still bring up my old transactions and show exactly what happened. Each tranche I received (that's the quantity that MMs include with their spread) was lower than the previous one.
Thank your stupid buddies, not some fictitious non-existent group of smart people. Smart people would have sold at a limit and the share price would have been unaffected.