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TenKay

07/24/18 12:56 PM

#171721 RE: TTTexas #171718

No I was saying that the whole “MM signal” thing is baloney. As for MM “manipulation”...the only SEC actions I have seen regarding manipulative trading practices stem from the attempt to sell unregistered stock into the market without applicable exemption and that usually involves an insider working with a shady broker/dealer to do so.

But for the most part, “observations” or accusations of “MM maker manipulation” made on message boards are completely overblown and without any substantive merit. While lots of shenanigans went on in the 70-90’s in the OTC world, the regulatory environment has changed substantially. Market makers are implementing their clients requests ... and when some see huge selling they want to attribute it to “MM manipulation” when in reality it is note holders or insiders selling newly issued stock.