InvestorsHub Logo
Followers 199
Posts 17212
Boards Moderated 2
Alias Born 02/17/2012

Re: jaimerodriques post# 103211

Tuesday, 09/04/2012 9:29:39 PM

Tuesday, September 04, 2012 9:29:39 PM

Post# of 232508
Another misconception is that MMs have all these shares laying around. If you don't give them a sell order, then what shares do they have to sell? I think what is usually a "MM" in Pinkville is actually a trader with deep pockets. Newcomers to the market, do the math, please. Before you get excited about a big jump with a ticker, look at the dollar volume. And then think about what someone with $500k in their account could do as a "MM"... I had a ticker jump 80% today, on about $4k volume. That's pocket change to a lot of folks. That coulda been one person manipulating it, doesn't take a MM to do that on thinly traded pennies.

Let me know if I'm a broken record, I'll shut up. Lol. I get so frustrated with jerk traders taking out the little guy.