Hi Mellow, on how we feel the MMs control the PPS, we've been floating a couple theories.
Monitoring the active trading session, our board member Vans noted "signaling patterns" by the limited number of trades made from which his secret decoder ring key is what we're going on.
This began when we dove off the cliff in August through September:
Vans' first post on signaling Many traders believe that Market Makers (MMs) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are from one MM to another. 100 I need shares. 200 I need shares badly, but do not take the stock down. 300 Take the price down so I can load shares 400 Keep trading it sideways. 500 Gap the stock. AT 2:24 WE HAVE A 500 SHARE TRADE 2 MINUTES LATER WE HAVE A 100 SHARE TRADE TAKE IT AS U WISH
Within the dive we were trading over 3 million shares a day, and they seemed coordinated enough with enough peaks and valleys where somebody somewhere may have been pulling in a lot on each swing. Some evidence we got and submitted to the Financial Industry Regulatory Agency (FINRA, about a half-fast derived acronym there.
Recent posts I've been making are all about the short sale volume and percentages making up our daily and monthly totals. We plateaued out here at .12.
Learning all this as we go. So we're dangerous. I'm assuming your a retail trader like the rest of us. Have an online account, e-trade, sharebuilder, et al. None of us can do a short trade. You have to have wholesale access and establish a short trade transaction direct with a Market Maker holding millions of share in a stock (our case APDN).
REG SHO, look that up. SEC regulation 2005, all about controls placed on the wholesale stock exchange held mostly outside our ability to look at it. A short buyer borrows the stock from the holder, ALWAYS setting a lower pps than the stock currently is. There is a defined period for the transaction to happen (APDN will be at .11 on Black Friday). The seller charges a large processing fee for each day the bet occupies.
Go to Friday's posts to see how we think that large volume was a short trader was grabbing a lot on an OFF trading day in order to be able to cover a bet he had with an MM who was probably on his own yacht to Bermuda and not watching the market :). Short STRANGLES and Short Straddles are what I am claiming is keeping the stock at .12. Someone still making money.
Complicated as hell. Trying to understand it myself. Call me out if you want. We're guessing, honestly, but I feel it describes how we're being controlled. AND, it's illegal.