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Re: AlanC post# 224391

Thursday, 04/16/2015 9:26:10 AM

Thursday, April 16, 2015 9:26:10 AM

Post# of 232511
A single trade brings down the price does it not?

And a single trade can bring the price right back up... welcome to the world of Gray stocks, with no MM established quote.

BTW whatever happened to the matched trades BS and the no shorting BS that was claimed.



Submit a bid for KMAG stock at 006. It will have no problem wildcard matching any 003-006 Ask. It's not that difficult of a concept to understand.

There is no evidence Short positions in KMAG exist. FINRA data as of 31-Mar-15 indicates 0 shares of Short Interest. It is illegal to short a non-marginable grey stock. Again, any reader is invited to call their discount broker, or any broker, and ask if it's possible to Short KMAG. GL in trying to find one who is going to accept a major FINRA fine 35 days later for a $8 commission.

There is no secret way to hide a failure to deliver for a pink much less a grey OTC stock. KMAG has never appeared on the FTD threshold list. There is no great NSS conspiracy.


The Jewel of the Mind is Colored with the Hue of what it Imagines

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y