RE: Time will tell16 Sep 2021 09:54
SkyMonkey
“ Not manipulation. Day traders and sellers. Lots of large sells this morning.”
The spread is made by Market Makers, so it is manipulated, by definition. They can put the spread up or down, narrow or wide, to suit what they want to do. Today, they need stock, so we open up and attract sellers. They have some stock now, so they will have a balancing act, to release some for sale, but trying to stop this morning’s sellers from buying back more cheaply.
No way should ARB be a market maker stock, but Nasdaq entry will reduce their influence.