In basic language, any signal between market makers is not organic. Their JOB is to provide liquidity…….signaling other MM’ers as to how to control price share is not doing that. It overloads one side, usually the short side….which is their gain….not yours , nor mine.
So, since TooFranks post, price share has dropped by 7 points.
There’s great positivity here on this board, and I find myself playing devils advocate. For example….you hear a lot of ‘buying opportunities’ comments….
well, there’s a reason for that. One, is that there are no ‘selling’ opportunities unless one settles for chump change.
I love HD, and what he does for this board. And although he has a perspective with Xalles that no others on this board have, we all can see the manipulation .
Does anyone really believe our SP should already be .05-.08. I’ve seen less stable (rev/earnings/debt) stocks run from the .10-.25 zone to over 4$$$.
Here’s my opinion. Unless, these two are held accountable, ETRF and CDEL…nothing is going to change. Regardless what Nash does, with exception of getting his stock upgraded.
With the bias the last 4 years….. I really believe there’s a hedge fund that has a case of the ass for Nash.
The aforementioned is just opinion based on my observations and experience with other trades. Take it with a grain of salt.