Home > Boards > Free Zone > User's Groups > MM Tactics

Where "self serving" would be defined as buying

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
first mike Member Profile
Member Level 
Followed By 32
Posts 3,238
Boards Moderated 0
Alias Born 05/09/11
160x600 placeholder
first mike Member Level  Tuesday, 07/10/12 03:40:32 PM
Re: first mike post# 14
Post # of 31 
Where "self serving" would be defined as buying and selling their own accounts to manipulate a stock price either without any retail or third party customer involved, or if so, against the best interests of the retail customer.

I am certain that the MMs watch each other very closely, so that the near simultaneous price changes could just be one reacting to the other, probably with the aid of computer programs.

No retail customer could have reacted that fast, nor would a retail customer Want to lower their ask below the bid!

Mike L.


How do I know this? Simple!
I was the retail bidder in this and a couple of other trades today.
I have been accumulating a bit to lower my average to 0.06.

Mike L.


Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist