It works. I’ve been watching these MM,s for weeks. When the bid disappears, they come in strong and destroy the pps. Induces retail dumpage to cover. Too easy. They see stop losses and limit ask orders we don’t see. When they collect enough, they load the bid with fake orders and retail buys the ask up 10%. Shortly after, MM,s pull the support and right back to .009. MM’s should be hammered By the SEC for these practices. $100,000.00 bid .01 popped up today and then just disappeared. Trade data is logged. These crooks need to remember that.
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