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Re: stocksbelow1 post# 74826

Wednesday, 01/17/2024 10:03:19 PM

Wednesday, January 17, 2024 10:03:19 PM

Post# of 87055
When you accuse MM's of being traders, you are simply showing your ignorance.
You obviously have no clue what MM's actually do.
You apparently don't even understand that the OTC is completely automated. That means there are no 'people' Mm's involved at all. It is all computers.
Every single tranche (part of a trade) is recorded for all time. It shows who sold, who bought, and at what price, when, and what MM was involved. It also shows the profit the MM made in the transaction. It is an AUDIT TRAIL, which means ANY COMPUTER could run a quick analysis and SEE IMMEDIATEDLY any illegal trade.
MM's are not traders. They are more like cashiers than anything, but buying or selling shares at the trader's will.
They CAN'T trade. It is TOTALLY ILLEGAL for them to trade stocks, EXCEPT when there is no buying or selling going on. That is the ONLY time they buy/sell, and it is the ONLY TIME they don't want to - they are market makers, which means they step up trading when everyone else quits.
Now, I will stop short of calling you stupid, but I shouldn't. This is SEC rules, which anyone can go read. They are POSTED.
But continuing to blame MM's for trading issue IS simply stupid. They are NOT TRADERS. Don't you GET THAT?
It is TRADERS that screw up the share price, and DON'T FORGET IT.
You might as well be blaming WITCHES for share price manipulations.
Well, I guess I will say it. You are STUPID. MM's have absolutely NOTHING to do with share price. Traders do that.