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satelliteguy

01/06/14 8:28 AM

#11220 RE: fred500 #11219

Sure, that's fine. Just to clarify, though, my point is that if a financier is advancing cash to a company on a given day, and receiving a certain number of shares based on the closing price, it can be a simple matter to close the stock down a few cents to get a few more shares.

There are other types of market players who might want a stock to close lower, for margin or balance sheet purposes, and actually take action to make it so. But MMs should generally be at the bottom of the list of suspects, right below most message board posters.