InvestorsHub Logo

Major Profits

05/01/21 11:53 AM

#147119 RE: shotsky #147115

If that sell was at a limit, it would not drop. But if you see a big sell and a price drop, it was sold at market. The price CAN'T drop if sold at a limit.


No. MARKET orders are simply an order to sell IMMEDIATELY at the best market price the computer can get and, yes, could lower the share price.

https://www.investopedia.com/ask/answers/100314/whats-difference-between-market-order-and-limit-order.asp

A market order deals with the execution of the order. In other words, the price of the security is secondary to the speed of completing the trade. Limit orders, on the other hand, deal primarily with the price.


It is mainly the BID WHACKING and ASK SLAPPING that raises or lowers the share price. That is, selling at or below the BID price can LOWER it and buying at the ASK can RAISE it.

https://www.wetradehq.com/guide/Trader-Slang

Ask Slapping: Trader slang for when a trader who buys shares at the ask price.

Bid Whacking: Trader slang for when a trader who sells shares at or below the bid price. This is abnormal behavior since sellers normally settle for a price between the bid and ask quotes. In general, bid whacking is seen as a negative by other sellers since it drives the price lower.























But BID WHACKING often LOWERS the overall share price also and ASK SLAPPING often RAISES the share price.

You can see that on Level 2.

Jzman

05/01/21 2:12 PM

#147124 RE: shotsky #147115

At times there were 100 shares sold at a time at market to kill the price. Then at times 100-1000. Then 10000 which equals $144. So it is being manipulated. Absolutely.

mfaphoto

05/01/21 9:55 PM

#147138 RE: shotsky #147115

Shotsky, SBC wants the share price to be between .01 and .02 IMO because when they do a deal and the other company gets millions of shares at those prices, they can be certain that they will be worth a whole lot more when the price is let run. How is it being kept down? Someone, I speculate a broker working for SBC, is putting large blocks on Limit Sell at whatever price is necessary to keep it from rising. Conversely, when the price drops in the low .01's they throw a huge number on the Bid to support it and keep it from breaking lower than .01. Don't tell me anything different. I've seen it. It's obvious. Someday, when all the deals are done, and all the other companies have their shares, SBC will stop all of the nonsense and we will have our TSNP run. IMO. And it will happen. Maybe this year, but next year at the latest.