Followers | 807 |
Posts | 29979 |
Boards Moderated | 7 |
Alias Born | 03/22/2016 |
Wednesday, April 17, 2024 6:22:41 PM
Every market maker has inventory given to them by the company at one point to create liquidity. Then a ticker like IGPK comes around. It’s worthless, but the owners want a run and pay the market maker to create liquidity. The MM gets paid by how much inventory they sell. They don’t buy anything, they sell you stock and then steal it back if you’re stupid lol
Retail has not control
Buy the bid or buy the ask that’s alll there is
Market makers work with each other faking bids and faking asks.
Market makers do not buy stock off you and sell it higher for profit. lol
It’s quota that matters and how much the owners of the stock gets sold for them.
If it’s a rinse, then the maker moves it accordingly, especially with the otc. If there’s a rinse, that’s the agenda.
The chart is the only salvation and tells the story. Retail have no say here, the weekly has not formed to bullish.
If it sees price action in the .002 to .0023 like it’s seeing in this range and the chart backs it up. It becomes a different story.
FEATURED Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM