That little move yesterday was a classic MM false sell off. It would not have rebounded and closed green otherwise.
That bottom feeding run was a well designed and orchestrated play and we all know it.
For one, trading froze at lunch when the design was being built, 2 from my group could not get shares at the ask. TD Ameritrade L2 had a 25 minute delay starting then. Ihub's 15min delay numbers were 10 minutes ahead of TDA.
One could not get shares at the time this was being set up. After the facade began, my brothers bid was passed on the dip when his order was higher than the ask then filled on the incline at 7 going back up.
I have seen it before with other pinks but rarely pulled back that hard with a successful orchestrated design that we just witnessed. But that's what they do and how they get paid the real money.
None of the above was coincidence.
It has it's upside though an MM would have never did that if they were not certain it will rebound at the magnitude they pulled it.
Did anybody get any of those 9mm share blocks? I didn't and was sitting right there for them first. Coincidence? I doubt it.
I know the games that are played and that so called legal heist by MM's was classic to say the least.
As always