Replies to post #53559 on Ifinix Corporation (INIX)

[Cee-It]

I don't disagree at all -- BUT those MMs have their own agendas and their strategies would amaze many here... for example, suppose that about half of all those shares that we watched NITE suck up at the low side these past few days were suddenly dumped into the buying... the price would drop so fast that people would panic... and try to sell before their profits were gone... and then the MMs would slowly pick up their inventory again... and they might do it again and again, and all the while be making a profit on their buying and selling.

Stay alert and don't be fooled by what you see tomorrow.

GLTA

[SuperMatty]

Thanks CS and Vorok, good post, makes a lot of sense.

Here's some awesome readings on L2 info and MM's I came across a while back and posted on other boards. The first two links might help newer investors to understand Voroks implicits on what's going on 'behind-the-scenes' a little better.
Enjoy!!


L2 info and MM's:
http://www.hotstockmarket.com/forums/showthread.php?t=35169

a sub link in that tutorial:
http://www.hotstockmarket.com/forums/showthread.php?t=14938

Monthly Share volume:
http://www.otcbb.com/dynamic/tradeact.htm

Market Maker Abbreviations:
http://www.allstocks.com/markets/Market_Makers/market_makers.html

Good reading!! :)