New 8K filed! More information than my PR post earlier! Show’s importance of this! Also upcoming catalysts to be watching for!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Money_Pit_Bull : it will stay trash no matter what
Trytosaveabit OP Money_Pit_Bull : Disagree! The price is down not because of company! It’s down from SS’s and market manipulation! That’s a fact! I’ll guarantee that a minimum of 40% of today volume was sent to DP to hold price down! That’s not the company’s fault!
103418538 Trytosaveabit OP : what's DP?
Trytosaveabit OP 103418538 : DP = Dark Poll or Off exchange
103418538 : ive read so many people mentioning the DP, is it a real thing, and if yes, whos the culprit? what can we do to stop this?
Trytosaveabit OP 103418538 : Yes the DP is very real! Market Makers control it! It was actually started and had great intentions! It was started so that institutions like Black Rock, since they buy sometimes millions of shares for their clients portfolio! Well that would possibly make people think that the buying pressure has gone way up. When it was simply just one time big buy! So DP allowed that transaction to take place without affecting the market and caused retail / small investors to think interest in ticker has changed! That’s the great part! Well they have corrupted that! They now also use it to divert shares off of lit exchange! That hides true price discovery / holds price down! Saves short sellers from having to cover or lose lots! This is a grossly simplified explanation! But I’m really not that good at putting my thoughts into writing! Hehehe! But I hope it helps you understand at least a little?
103418538 Trytosaveabit OP : thnx man, all these days ive been wondering, why suddenly the ask Q suddenly added from 100 to 10k in just a blink of an eye, it does makes sense that they use algo to pin price down, if not, they will definately lost
Trytosaveabit OP 103418538 : Exactly! Also if you could sell your share for 15 and that’s what the ask was. Why would you all of the sudden sell for 9! Hehehe! Yeah me neither! Hehehe
ur wifes boyfriend : there should be a limited amount of dark pool volume and set as a rule. but the market makers would do 100 percent if they wanted to but the names Citadel and virtue are the institutions who use payment for order flow and set the price of stocks anyway they see fit.
Trytosaveabit OP ur wifes boyfriend : I can’t argue with you! Hehehe! I at least think that they should have to submit/keep logs of what amount of buy side volume versus sell side and prices of each! I’m not sure if and how long you been day trading? But I’ve seen the manipulation get so much worse since the GME fiasco and Tutes actually had significant losses for the first time! And ever since it’s gotten way worse! At least to me. But it would make sense! They lost to the people they think they are so much smarter and better than! That hurt their pride and made clients mad that they wanted to leave these firms. So now since they can’t just play fair. I’m of the mind they should at least do what a fair number of other countries do and heavily regulate/restrict short selling. A few have even stopped the practice all together! To protect investors and companies alike! Sorry such a long reply!
View more comments...