seller, page-23

wobblyboots,

That is the fact of the matter.

Brokers were dumb founded because it took away a very valuable tool of knowing if there were major sellers in any stock at any time. We could see for ourselves if there was funny business going on. Suddenly we were blindsided.

And you are right, it was the big boys who wanted this done.

They didn't like being piggybacked when they were buying or jumped underneath when they were selling.

It opened up the door to blantant manipulation.

How many times do we see a big buyer sitting in the market a few cents below the last trade price with constant selling going on.
Then suddenly the big buyer dissappears.

Why, because he was probably the big seller who wanted to make the stock look well supported while he exited..

Once in a while they will ping some poor sole who has been caught doing the wrong thing.
And this is just to give the impression that they are keeping everything in order.



Cheers.