$Kandi Technolgies (KNDI.US)$ I just put a second trade in f...
$Kandi Technolgies (KNDI.US)$ I just put a second trade in for 15,000 shares at Schwab, they don't permit a screenshot but I did it the same price that's 30,000 shares that's a typically half of the volume of this company in one day that it trades and the market makers are not reflecting the bid.. is the few market makers that are trading this where the orders are getting routed to they short the stock every single day virtually 100% of the orders are shorted.. will sell stock on the ask they're shorting that stock and they sit on the bid and they cover their short with that sell order.
it's about 30 days right now for the market makers themselves to cover their short position.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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10baggerbamm OP : where's my orders? this is bullshit games played by the market makers and I know they can get caught with their pants down if they showed there's 30,000 shares waiting to buy right now they're going to be forced to uptick the stock number one number two retail's going to start buying the ask price and they're going to lose their shirts because they're going to have to go back in the open market and cover themselves they have 30 days worth of shorts that they have to go and buy back in the open market just the market makers alone will run this stock and that's why they're not reflecting my fucking orders
R30R 10baggerbamm OP : Dumb question - but seriously, where is your order? The dark pool?
10baggerbamm OP R30R : I don't know but I've got it at Fidelity and Schwab 15,000 shares at each of them. I own 40,000 shares of this company and I have a very large option position in the future at a higher strike price than the current level. I know how this stock trades I know it's being shorted I watch it all the time on my screen this is turned into like a headache for me truthfully because the market makers are in control and the few retail buyers don't have any follow-through there's no institutional ownership it's 2.25% is total institutional so they have no vested interest in the company and it's driven and controlled by the market makers. if they show 30,000 shares on the bid right now retail is going to buy the ask and they're going to have to uptick it and that's your velocity that's your movement. it will show on every screener biggest percent of volume increase number one number two will show biggest percent gain in stock price because it doesn't take much to get this stock moving. it just needs to have continuous flow and I've said it before the day the stock has 2 million shares worth of net buying in a day it's $10 and then the next day it's gapping and you're going to see the old highs of $20 plus again