Replies to post #76619 on Rennova Health Inc (RNVA)

[la_trader]

only one MM controls visibility on RNVA trades, the assigned primary MM to Rennova when they were moved to this exchange.

why they are doing it is anyone's guess. it is an extra ordinary effort on their part to maintain this daily. since MMs never do anything for free, one must figure out what the monetary incentive is for them to keep this up.

Seamus must do all of this through their MM. it is not outside the market.

MM is making plenty of market as the daily volume indicates. if they are not making decent spread now, maybe there is a payday promise on the backside. who is to say the MM is not sitting on a boatload of cheap 0001 shares or even 00009 shares, waiting to unload them at higher prices?

[JOHNNY-VEGAS]

MM is part of the outside market. it is a control mechanism.
One can not work without the others. These are the same individual who is picking up these offerings. They use all kind of tactics to push impatient traders off the cliff. Once they're in control of 70 to 90%, will see positive news start to hit the wires from many directions. Seen it many times assuming worthless stock becomes diamonds( causes a short squeeze)
it is this precise process that creates a huge catalyst (covering followed by shorting)that's why if you look at the history in the pink land, you could see the fact this process of uptrend last up to two or three months and then it fades.