Elray Resources Inc (ELRA)

[mackwheaton]

Market makers make billions of dollars at the expense of small traders. It is virtually risk free. Absent of news they can simply watch the volume and when a bid ask imbalance occurs, they pounce and create a free fall like end of day. Then they hope for some frustrated retail traders to surrender their shares or stop loss out, grab them, and immediately bump the ask to 10% or more than they paid. It's a fool's game. They hate any real news that may drive a stock to its real value.