GREY:ALXDF - Post by User
Post by
goldopportunityon Jun 15, 2017 3:22pm
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Post# 26367736
Fwiw.....
Fwiw.....Another trick the MMs do just happened on azx:
At 2:46 500 shares traded at .07 -- that was the first trade of the day at this price. Then at 3pm mm 02rbc does a 210K cumulative swap for .07. Since houses can only swap in that particulat day's trading range, you can see that rbc reacted relatively quickly to do the cross-trade, which "conveniently" happens in the last hour of trading.
Bottom-line:
To the average investor it looks a bunch like people are selling azx down to .07. In actual fact one house was doing internal cross-trades in hopes of selling begets selling. Be careful. Jmvho.
goldopp