
Confessions Of A Market Maker - Episode #1 Trading The Open
Confessions Of A Market Maker
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The Low Float Penny Stocks
JJ: A lot of the stocks that are targeted, you know, that we're seeing these big swings on are the low float in the penny stocks. JJ: They're a low float for a reason because when we take a company public, there's a shell company and all the stock is held by the stock promoters or a group of promoters. So there's really no stock available to buy until we start pumping that stock into the system. When you guys start buying, we're like, Oh, great. You know, once again, the ducks are quacking. And yeah, love it.
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