and the mm kept it in check but there were buyers holding up the price, if it were not for the mm i think it would have seen a large spike into close just on the major buys coming in.
its up ah want to see follow through this week on a very nice monday which is well deserved
Up a couple cents in after-hours.
Sentiment: Strong Buy
What's the MM?
MM = market maker
Ideally market makers should be neutral and only act as intermediatories for providing liquidity.
However, occasionally MM does act as agents for big clients to manipulate market to gain unfair advantages.
The trades you read on tickers and the bid/asks on the level II may not reflect how the underlying trades are conducted.
Small investors at at disadvantage over several fronts:
1. lack of research
2. lack of help from MM
3. lack of trading support to disguise intentions
4. lack of liquidity for large trades or long duration trades.
5. Worse of ---- lack of discipline.