RiceBran Technologies (RIBT)

[b4isleep]

It was funny how I managed to move PPS Bid @.165 Ask @.17
to Bid @.175 to Ask @.18 almost single handily by selling my shares not buying. For once, I feel I manipulated MM not the other way around.

These market makers didn't have 5 millions shares in their hands to sell to the traders yesterday. A great portion of them are short sales. I knew they have to buy back in next 3 days to avoid SHO.

There were absolutely no sellers today. Bone dry. They could not buy back. Since I was able to buy quite low yesterday, I decided to sell most of those shares. But I knew with the number of shares I put out, MM will lower the Bid below .16. I did not want to hurt PPS. So I decided to do some fishing. I placed the half of the total shares at $.17 to sell. There was no seller @.165 during the time. Sure enough after 15-20 min, One MM took a bite as a partial fill. The rest was sold by broken into 7 or 8 separate transaction. Since everyone saw these transactions as separate buy transactions, one buyer finally jumped in at the end. Behold, next I saw was, Bid and Ask was moved up to @.17 and @.175. After 10 min, I placed the rest of shares to sell @.175 to play the same game again. MM chased and at the end,
2 more buyers jumped in to move the Bid and Ask to .18 and .185.

I was laughing all the way.

I noticed the after maket transaction different from other days.
Unusual to see the transactions were at @.18, the highest price of the day. 140,000 shares each at 16:12:29, 17.20:00, 20:10:00 ET.