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DBStocks

08/23/18 7:39 PM

#79282 RE: ForzaFerrari #79280

A lot of the sells were really 1 sell. If you add up some of them up and the timestamps they were selling 1m, 500k, etc...they were just broken up since they were limit orders. When I sell, I watch and see how my order gets broken up in to sometimes 3, 4, 5 or more sells.

At the end of the day it looked like someone was selling at market so it just kept taking out the bid support at 0068, 0067, 0065 and so on until they were done.

Johnstonj27

08/23/18 7:42 PM

#79284 RE: ForzaFerrari #79280

MM's in the OTC can take whatever bids they want and do what they want basically if they see a lot of stop losses set and he wants to grab them they can. Also, notice it was brought back up without many buys so tells me was an artificial movement. Never know its not like we can get updates of what really happened but that is my best guess from watching MM operate in pennies like this. Seen a lot of moves like this at openings and closings and just lot of people blaming profit takers for causing it... Was looking great sure a lot weren't trying to take profits down in .0054's so why telling me was triggered stop losses.