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Frederick Miles
CNBC Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "Is the SEC about to crackdown on the retail trading frenzy?" video.
A market maker (prime broker) is a glorified digital bookie...this large and powerful dirty bookie has 2 books (caused by market order manipulation - putting buy orders to sleep and issuing synthetic shares - IOU's to lower and manipulate price to protect HF's who made some very stupid bets). One book is legit and reflects the market - on the other book the squeeze already happened and the price is in the stratosphere and they are trying to let it play out - offline - while shorting companies to hell in order for HF's to close out and survive...hold the line - if you new the real price you would feel vindication and not rage. Buying and holding is a strategy that they never thought of building algo's to combat - their arrogance and hatred of retail will be their undoing.
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@scottjohnson8945 pretty much on par with my current base...
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