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Anjango

09/24/14 1:04 PM

#14814 RE: newguy11 #14812

If I were to take a wild guess the MM systematically shorted the 13k buy ( to create a market Ofcourse ) and used your trade to cover....

I see no other reason to play that game for pennies....

Again not all short selling is bad... MM computers will systematically do it to create a a market....
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SPM555

09/24/14 1:40 PM

#14816 RE: newguy11 #14812

FWIW I don't think it's games trying to milk out some chump change, as Anjango described the MMs do this to create some liquidity and a market. Like I said in my long winded reply to him, it's a little understood phenomenon but it's the truth. They free up enough shares to sell a certain amount down here, even if they have to sell them short, then after X amount of $ changes hands they move it up. Those buyers become sellers at the next level and provide shares for the next batch of buyers and if the momentum keeps up enough then it becomes a cycle which turns into a liquid market. Believe it or not MMs do serve a function and while they certainly play 'games', all of this light volume funny business is actually just part of the process of turning an illiquid stock into a liquid one.
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Anjango

09/24/14 9:07 PM

#14821 RE: newguy11 #14812

There we go .... 13k shorted for the day... The MMs were just doing whT they do.... OPXS shares going in tighter hands daily... Buying pressure here will burn those mms to cover in dollar land , go OPXS

http://regsho.finra.org/FORFshvol20140924.txt

look at the short numbers for the day.... 13k shorted