Sunrise Consulting Group Inc (SNRS)

[retiredMM]

Moved On

If an MM has a sell order at .0002 in his book and he sells some stock for the customer you will only see one print of the amount sold. The rule was changed years ago to stop double printing because in theory there are 2 sides to every trade. There are always 2 sides to every trade but 1 side of the trade may be facilition. That means an MM may buy or sell from a customer or competitor without an order. The SEC wanted all trades to be reported the same way whether or not there was a corresponding order, to stop the illusion of larger volume than there actually is.

In the "old days" groups who worked particular stocks would enter orders on one or both sides of the market to have the stock print twice thus creating larger volume than there actually was.

My opinion in this stock is that certain MM's are selling short vs a future order of stock for sale (by the company). That is why most days there are 10x the amount of sales to buys and then a few days later you see it the other way.