InvestorsHub Logo
Followers 180
Posts 9202
Boards Moderated 1
Alias Born 05/01/2009

Re: exlud post# 23831

Saturday, 03/24/2012 8:17:07 AM

Saturday, March 24, 2012 8:17:07 AM

Post# of 224152
I know the IHUB member Erock explained this in great detail in a series of posts on the LGHS board a few months back.

Here's an excerpt from the first post and then the following two explain it in further detail how to use multiple MM's as replies start to try to disprove his explanations.

You got a lot to learn about Market Makers, no offense or anything, but the "Market Makers" are not going out and buying shares and holding the price down and bid wacking... The market makers are controlled by who ever is using them... IE I could get on NITE or HDSN my self and lower the ask to 1.25 or what ever, and stack a bunch of shares on it. Or I could get on bid, and up tick it, etc. When you see that happening thats not he "market makers" doing it, it's what ever stock trader that is using that market maker doing it.

So please, don't blame the market makers, blame the traders who are using them, as they are the ones controlling how this, and every other stock trades. The market makers are simply "there".



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68977142

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68977706

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68979752





Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.