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Re: geoiguy1 post# 21260

Wednesday, 12/15/2010 1:12:23 PM

Wednesday, December 15, 2010 1:12:23 PM

Post# of 30927
I sometimes think it is not only MM's who controls the run...There are traders who trade in and out several times in a day and what they do is, they first sell at limit price and once selling is complete, then sell few shares (5k, 10k shares e.t.c) at market price and that triggers MM's to take the price down heavily...they load back again at cheap prices...Repeat, Repeat, Repeat as long as there is 'momo' in the stock.

JMHO.
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