Another MM trick. One of my mid-caps had been on a nice
run since the first of the year.
Naturally, since I'm making good money on the stock, I
set a protective stop - just in case.
MMs are needing shares, so they open the market by banging
the stock down hard for a few minutes just to take out those
protective stops, then zip... right back up to yesterday's
close.
Sigh* It just happened to me.
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Diligence is the mother of good luck.
Ben Franklin (1706-1790)