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gemstone57

05/10/21 9:13 PM

#45612 RE: Tozer Max #45611

The odds are with them it’s all algorithms they don’t look at the story they could care less it’s simply an equation

gemstone57

05/10/21 9:14 PM

#45613 RE: Tozer Max #45611

Don’t look at a market maker as a person it’s not, it’s a tool.

Deep_C

05/10/21 10:23 PM

#45615 RE: Tozer Max #45611

I don't know either but when a heavily shorted stock like MVNT finally gets it's run, the bid and ask swap in L2 and it gets really confusing and hilarious watching the market makers. Looking forward to it for us all.

SooS416

05/11/21 8:13 AM

#45616 RE: Tozer Max #45611

MM's naked short to "make a market", they make money on the bid ask spread.

This are not retail short sellers or active short selling, it is them just executing retail orders which requires them to go short on a trade.

And as others have said, they don't care about the company, they do not pay attention to pending news or anything, they play based on volume and L3 orders.

Generally speaking MM's assume that retail will not hold an OTC stock and that a stock will eventually crash, when it doesn't that is why you get massive runs on the OTC which this is shapping up to be