RE:Market MakersMJB4231 wrote: Definitely over the last 3 weeks MM hard at work to take us back down to a concerted SP.... We are locked here and it won't move. Whats the strategy is the question and why this SP?
It's all very simple. The market players, if they smell a financing, will pressure the sp down so that it will cost less for them to participate. Its easy to put pressure on stock like SNV when there are holders happy to take a triple or a double on their buys from 0.015-0.02. When they are able to participate in a financing, they will often sell the shares and ride with the warrants. Its basically risk free investing.