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Re: madeindet post# 344631

Friday, 08/29/2014 5:48:03 PM

Friday, August 29, 2014 5:48:03 PM

Post# of 346914
Trades at 0.00 are not real trades - they are brokers who accept the shares from their clients who want to clear their accounts from SPNGQ to take the tax loss or close their accounts. As a courtesy, the broker will take ownership of the shares to clear the account without the client having to pay the trading commission (although some brokers will charge for this service).

So the 0.00 "trades" are not trades as much as gifts of a worthless security to the broker.

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