Learning continues..
this week I have learned a lot about the Market Maker smoke and mirrors.
Sample: One stock I am in, the MM's were putting up huge FAKE sales to scare out weak hands. It worked to a "T". Driving down the PPS so that they can get thier hands on cheap shares.
The FAKE was clearly identified buy one buyer on an ihub board here. Everytine the MM put a 2.5 mil sell, the ihubber put up a 2.5mil buy just 2 ticks below the ask. Suddenly the sell would disappear because the MM didn't dare lose his shares.
When the buyer dropped his 2.5mil bid, the MM put back up his 2.5 sell again.
interesting week, SAPX was the stock being played.
Met some great individuals here on ihub, and with thier help, my acount is up quite a bit in the last few weeks.
