Replies to post #46896 on KMA Global Solutions International (KMAG)

[Think or Swim]

Lol. I did not say that the pps would adjust up, simply that it will adjust.

All stocks, and I mean all stocks suffer over extensions and over corrections. All stocks have 52 week highs and 52 week lows.

BB stocks go through these high and low shifts faster then big boards due to one reason. The mm's do not like to carry inventory. They view all these stocks as a pos. The mm's are here to trade the spread and volume.

This is why you see a stock with 600 mil os drop 10% on a 5000 share bidwhack.

But it is also the reason these stocks move thousands of percent. The mm simply take the action to the volume.

Now I'm not saying that the mm's down here don't do shady things because they do. If the market slows and they see volume down the ladder in the order book they will attempt to move to it, unless buyers force the volume up. They will short when necessary to create volume but will cover once the volume picks up after a quick drop.

Right now KMAG is suffering an over correction. Once the proper catalyst is received the pps will adjust.