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…and the beat goes on.
lol.
Sad? LOL…where else can one find this level of entertainment for the low low price of $9 per month?
It is a little bit different in the US…they don’t ban it outright under a certain price, they just make it very expensive and risky the lower the stock price.
For example with MULN, if someone shorted 100,000 shares, the most upside they could have right now is capped at about $11,000…and the chances of getting there are remote to non-existent. So in reality the upside is less than that.
On they risk side they would need to put up $250,000 in margin to create that short position.
Who would do that?
Once a stock goes below $2.50 per share your margin requirement exceeds what your short position could EVER pay out.
The US socially tends to want to shy away from legislating against stupidity.
But there is some real economic dissuasion from shorting a $0.10 stock.
You obviously didn’t read all of my signature.
lol
Let it go dude…
Dennis is changing his accounting firms like he changed his shorts.
How many has he now had in the last two years…4 different accounting firms?
And each one seems lower in the barrel than the last.
Not good.
“He's explaining something to you and you mock him?“
Check again…he wasn’t explaining anything TO ME.
Please pay closer attention…
He seemed to have spent a lot of time scouring through my posts from a year ago to try to support some assertion about me by another poster…that even he admitted was a stretch.
That seems a little obsessive.
So yeah…I am mocking that.
boy…I am living rent free in so many people’s heads. LMAO.
A lot of effort went into that post!
…whatever…
*yawn.
“textual gratification“
I have to admit…that did make me laugh.
I feel sorry for people who got bought and got caught in that misdirection…
I hope some got out and preserved a little more capital than perhaps they might have otherwise before the RS.
Well he either moron or it was an intentional headfake.
I wonder if that was orchestrated to allow some to dump?….hmmmm…indeed.
They are going to have to report on the results of the vote via 8K soon.
Does anyone actually read the ibox…or more importantly place any value on that info?
Not in my experience.
“---> "broker/dealer"
meaning, not "market maker" “
Thank you. So on MIKP since there are no Market Making activities, they are acting only as Broker Dealers.
I agree with that, which is why I said Broker Dealer.
Here is my issue with your discussion on this.
The term “market maker” is used very often and has been for a very long time on this board.
And yet I can’t find an example of anywhere you ever decided to argue that with someone who said “market maker”…except for my post.
Ironically I was trying to cover the divide by saying the correct term “broker dealer” and then adding “aka market maker” simply to reflect the common usage (correct or not on this board).
Using “aka” is simply a way to acknowledge a different reference that is used to mean the same thing.
It was never meant or provided as a technical reference or to correct people. Simply to help them understand what I was referring to by including the common reference on this board.
It appears you simply wanted to pick a fight with me…and didn’t like it when I wouldn’t turn away.
This is the last comment I will make on this.
And yet another one that won’t answer that question.
Like shooting fish in a barrel. LOL.
OK then…how should one on the MIKP board refer to CDEL, CSTI, NITE or any other publisher of a bid/ask on MIKP?
A broker dealer or a market maker?
Some seem reluctant to answer that question.
…are you next in line to avoid the question?
Most entertaining.
People getting antsy about the RS vote? LOL.
“He didn't even know that a valid Form 10 would take MIKP off EM and make MIKP Pink Current.“
Since I assume you are talking about little ‘ol me…
Why would you make that up?
It is both something “I know” and never said otherwise.
I don’t mind debating stuff I said…but I guess folks want to debate stuff I never said.
Only option I guess… LMAO.
LOL…I make things too complicated? Did you read the posts I was responding to?
As to your beliefs:
1) I don’t know Newbauer to like him or not…I comment on his actions.
2) See my signature
3) I stopped kicking puppies long ago…
4) At least I can spell “Alzheimer’s”
OTC Markets is now able to sponsor a 211. Whether they would do so is another question.
I highly doubt any broker dealer…err…market maker…ummm….the “bid/ask guys”
…would take on the liability that comes with sponsoring a 211 for MIKP anytime soon.
“(I dare not say market maker or broker dealer, which I hasten to say might indeed be one in the same, in certain instances, potentially including all instances)”
Have no fear, you can say either one on iHub and most posters will know what you are taking about. You want to go for 100% try “broker dealer aka market maker”.
What could go wrong?
Read what I said to him again carefully…you took exception to something I said. I have explained what I said and why I said it.
You want to get into a nuanced debate about the difference between “dealers” “brokers” “broker dealers” “market makers” “ market making”….
All I was trying to do in my post was to make it understandable to people unfamiliar with the term “broker dealer”.
It iHub for god’s sake. Not some SEC hearing.
Seriously….
Thank you. There terms are used on IHub interchangeably.
Someone doesn’t seem to grasp that.
I like using broker dealer because it is the more formal term used by the SEC and OTC Markets when referring to a CDEL or other broker dealers. However on iHub the term “market maker” is more generally used (even though it is an “activity”) because some people aren’t familiar with “broker dealer” hence the reason I said “aka”.
It is the first time I have ever seen someone take exception to that. LOL.
Actually you haven’t…but I get why you are trying to have it both ways.
So let’s simplify it even further…
If someone on THIS MIKP board referring to MIKP trading activity referred to CDEL as a market maker and someone else referred to them as a broker dealer…who is correct?
And I was never identifying the activity, merely
the entities publishing the quotes.
You went down the “context” rat hole to obscure a lost argument.
Yeah speaking of mudding the waters.
It appears you won’t answer a straight forward question that goes directly to my use of the “aka” which you took exception to.
But I get it…a straight forward answer would give away the game.
There is no context required at all. If you want one…it is the terms used by posters on iHub. Nothing more.
Again…it is a very simple question.
If someone refers to Citadel Securities (CDEL) as a “Market Maker”…and another person refers to them as a “Broker Dealer”…
Which one is correct?
So when someone says “broker dealer” and another says “market maker” when referring to CDEL, NITE, JANE, CSTI or any of the dozens of other entities listed on the OTC link I provided…
Who is right and who is wrong?
Simple question.
You need to tell the SEC and OTC Markets they have it all wrong then when THEY USE the term “broker dealer” in referring to OTC “market makers”. lol.
Smh.
Go to OTC Markets, click on “Market Activity”, then click on “Broker Dealer Data” and tell me what you see.
What you see is a list of entities that most people on iHub refer to as “Market Makers”. The header on that table says “Broker Dealers”.
https://www.otcmarkets.com/market-activity/broker-dealer-data
You are getting tiresome.
You are trying to force a nuance that isn’t there.
Most people on iHub refer to the broker/dealers that publish quotes as “market makers”.
That is why I put the “aka”. Because sometimes when I say broker/dealer, which is the more accurate and specific label, people have no clue what I am taking about.
“yes I see broker/dealers but no securities“
Did you even do what I said after the link?
Geez.
Click on CDEL and tell me what you see.
This is getting ridiculous.
https://www.otcmarkets.com/market-activity/broker-dealer-data
Click on any broker/dealer and look at the list of OTC securities.
I used the phrase “broker/dealer aka market maker”…and was told they aren’t the same.
They are…and provided evidence as to how the SEC refers to “market makers”.
that was it.
I see you are not actually following what we are discussing. The date is irrelevant to the topic.
Crucial information? Lol. This has been posted on this board probably a 100 times in the last 10 years.
But here ya go.
https://www.sec.gov/news/digest/2012/dig091712.htm
They are notifying the entities that publish the quotations telling them they are no longer able to do so.
That the context we are talking about, the entities that publish quotations.
From MIKP’s
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspensions, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance