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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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From: turnaround_seeker3/14/2012 10:32:46 AM
1 Recommendation   of 1876
 
Level 2 Quotes and Market Maker defined.

For those who care, here is a pretty good explanation about market makers and Level 2 quotes.

stockalyzing.com

I think you'll find that UBSS is what is referred to as the "Ax" and pretty much controls trading in novs.pk.

Ironically UBSS just so happens to be the market maker for the broker that one of our top miscreant bashers uses? And the fact that he seems to follow the day to day and minute by minute trades in NOVS from the opening bell until the close at 4:00, I would say he's right in the middle of the manipulation/action.

Regardless of all this, I know that many of you may not understand or even care about this, but the link I posted does explain just how easy it is for market makers in conjunction with hedge funds and big traders to manipulate the market.

Finally, what I also know is that things like pump and dump and short and distort don't last forever, but they can take their toll on many uninformed and unsuspecting investors.

Rich
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