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How can a stock price drop when there are more buy orders than sell orders? (media.patriots.win)
posted ago by Surefolks ago by Surefolks +971 / -1
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– keepwinning 3 points ago +3 / -0

The market makers act as middleman to keep a market in motion. So if you are trying to sell a $0.03 and there's nobody else all the way to $120, the market makers would try to bring the stock down to grab your shares.

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– zooty 3 points ago +3 / -0

If I put in 100,000 buy orders at 3c,

I'll note that most brokers aren't going to allow you to put in buy orders that far from the market price (as far as I know) but the point stands. The order books are interesting for their own reasons but it's only at the spread that the action is really happening.

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