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xyz1002

09/19/14 10:09 PM

#231764 RE: retiredtech #231763

stop blaming the MM's. It is the traders. The penny trader's long term is like 3 days max. They will take profit at 5%, 10%, 20%. The more expensive the pps gets the less of them are because they want 100%, 200% return so they will buy 0.0001 stock and sell at 0.0002. That's the issue here.

At one time I used to work in Investment Banking in Walstreet and I know how the MM's work. Most what u read on these boards are nonsense.

MM's will move the stock in whatever direction the market demand is. Their job is to create volume.

B RY

09/19/14 10:29 PM

#231768 RE: retiredtech #231763

(NTEK)Never had this overwhelming validity for LARGER investors!$$$$$$$$$$$$