Out ALT @ $1.73 for approx $100 loss. Huge volume today so may shoot up, but too frustrating. Level II is of no use as MMs not showing the numbers of shares in a meaningful way. Can see why this earns 2.84 Beta score.
Seeing the same each day -- after the opening and the first few hours EDGX and NSDQ become the only MMs on high bid and low ask. For 2-3 hours they merely trade shares back and forth within a small range for close to 100K of shares. The pps doesn't move and the MMs make their percentage cut from every trade. They are the only winners. Suspect NSDQ is the lead MM on this stock. Used to know a website wherein you could see how many shares of a stock are currently owned by every MM, but can't find it now.
I've a real love/hate (frustration) with this stock.
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