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shotsky

05/19/21 8:22 AM

#149267 RE: FLStockGirl #149242

It is not meant to be harsh. It is the truth. I can't believe so many people are trading in penny stocks and don't even understand how the market works, or how public companies and mm's are regulated.
MM walls? Messages?
Everything is blamed for everything except the one thing that counts: traders.
There are whales with huge orders to either buy or sell that control the share price. I could freeze the price right now if I wanted to. All it would take is selling in blocks of 25M at $.01, and you wouldn't see the price above $.01 until they were all sold. I can repeat that 6 times, right now. If I can do it, those with more shares than me can do it countless times - there are 5B shares to play with. That means there are 200 blocks of 25M shares available.

And, if I put up 25M shares to sell at market, you would see an instant drop in share price, and I could do THAT 6 times as well. Not that I would EVER sell at market.

I'm not an mm, I'm an ordinary trader that understands how the market works. I'm astounded at the lengths people go to, to 'explain' what is happening to share price. Maybe one in a hundred states the actual fact that traders control the share price.