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Re: JB3729 post# 65937

Saturday, 06/25/2016 2:46:56 PM

Saturday, June 25, 2016 2:46:56 PM

Post# of 458477
There are dirty brokers too - I know that for a fact. Brokers who will accept OTC certs without verifying restrictions. Etrade actually had to sell a division because of this sort of monkey business.

TDA let its customers get fleeced with a DNS attack in the mid 2000s. The market was run up and down one Friday while their customers could not buy or sell. Shares were stolen with intraday margin calls. Fact, and I reported it to the FBI personally. I also talked to management at TDA andasked them why they didn't simply email all of their customers the numeric address to the trading platform - nothing was done.

So no, you will not convince me that MM's are not complicit.

When they run a stock the know what the potential for margin calls and how low they need to go to hit the stops. This info comes from the brokers. Brokerages bill themselves as having an ability to "create liquidity".

It now seems obvious to me that those two dips were the source of the Anavex shares sold on Friday. They were in the possession of brokers or hedge funds until that time.



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