Bemax Inc (BMXC)

[I-Glow]

You do understand that most all trading is now automated - the days of floor traders and brokers sitting at a desk are long gone.

MMs are sitting around trying to manipulate a lightly traded sub-penny stock - that is absurd.

Here is something for edification of brokers manipulating sub-penny stocks.

"At its height back in 2000, the U.S. cash equities trading desk at Goldman Sachs’s New York headquarters employed 600 traders, buying and selling stock on the orders of the investment bank’s large clients. Today there are just two equity traders left.

Automated trading programs have taken over the rest of the work, supported by 200 computer engineers. Marty Chavez, the company’s deputy chief financial officer and former chief information officer, explained all this to attendees at a symposium on computing’s impact on economic activity held by Harvard’s Institute for Applied Computational Science last month."

The myth of MMs manipulating penny stocks is pretty amusing but certainly not factual.

IG