InvestorsHub Logo
icon url

Viking_50

10/04/17 3:40 PM

#113925 RE: doc063 #113923

I have a suspicion that the new MM's in the box maybe the sources of the massive accumulation that HORUS always highlights. As long as a MM "covers" a stock they are allowed to be a listed MM in the trade box..but there is no requirement for activity. For example MAXM is low BID at 0.0001 (10,000) and highest ASK at 0.2507 (10,000) but are not active in daily trading. Why? It is likely that they execute their trades through a correspondent MM. The active daily trading of BIEL is mostly done through discount traders (TD, Scottrade, etc) who can execute for a correspondent MM. I was recently told by someone here that PUMA jumped in the box for a company and sat on high ASK and the stock came out with some sort of news and it made a huge run..PUMA being in the box he felt was very BULLISH. Also, BMIC is ONLY ON THE ASK at 0.2007...but doesn't trade...IMHO I think that these new MM are here for a big run....how big? who knows?...but this is very interesting...