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Pastimes : Zenyatta Free Speech Board

ZEN 77.48

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Nov 21 4:00 PM EST

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hoperrs

To: NuclearCrystals who wrote (16864)	6/8/2017 10:40:02 AM
From: the Chief	1 Recommendation of 22811

Spoofing occurs on both sides as you say. However the only people that can actually spoof are brokerages. Individuals can appear to spoof but its not really spoofing. Spoofing is the ability to insert false demand or false supply with the full knowledge that neither would ever get filled because a true spoof has to have access to the withdrawal of that spoof in 100s of a second. So I could put a buy in for 3 million is that a spoof? The only way to check to see if a spoof is a spoof is to hit it. If its withdrawn before its hit then it was a true spoof but again, brokerages are the only ones with that ability. So that means that any offer that is not created by a brokerage is a true offer. You may say, well then why was it withdrawn? Then reinserted? Its easy. If you want to sell at 20c and the offer is 18.5 keeping your offer of shares at 20 creates an overhead that initself creates a cap. So you withdraw it to see if it will help the stock get back to .195 then you reinsert it. That is not spoofing because your intent is to sell.

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