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Re: gdepc post# 37406

Monday, 07/10/2006 3:08:20 PM

Monday, July 10, 2006 3:08:20 PM

Post# of 64738
gdepc:

Ok, let's say there are paid bashers here to manipulate this stock. I assume that the bashers are paid by the market makers? Is that right. If not, who pays them?

Now let's look at the revenue they generate. According to your PDB (Paid Basher Theory), they must be making some huge piles of jack for their market maker pimps. But how much?

The spread is one penny on CYGX and today there has been 73,000 shares traded. At 1¢/share that is $730 total revenue split up amongst the several market makers who carry this stock. Now let's assume without the basher's manipulations, CYGX would have only traded 50,000 shares. That means the net effect of the basher would be around $230. Take out all the overhead associated with the market makers making the trades and you probably have about $50 left over.

Now you have asserted that Thaliowizard, Arnold and I are paid bashers. That means I would take home a little over $13 per bashing day.

According to your own admission, these bashers really have little effect on the buying and selling of this stock, so they probably lose money for their MM pimps.

SM
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