What you say, Kentoo, interests me. I noted the other day, on the downward trend, that there were early sells in the 200-300 range. Today, in the upward trend, there were--if I remember correctly--300-400 buys. I even referred to them, jokingly, as a junior high school trading club, the deals were so small for a penny stock.
Does the MM kick in small buys and sells like this, anticipating the tendency for up and down, and once the up or down has been established, they then let it take its course for a bit. If they know the trend is a weak one (up or down), they'll eventually bring it back close to where it started and thereby, for themselves, earn a good or a great spread, and not just a miniscule one?
Hope the question wasn't too complicated? Never before in my life did I imagine up or down, that didn't involve sex, could be so complicated. Fortunately, if my stocks fail I still have sex.
Good luck trying to answer this one! Thanks. |
