SFX Entertainment Inc. (fka SRXEQ)

[1manband]

Good lord. MM's don't "load". They just make a market in the stock based on customer demand, and usually keep no inventory in stocks like this. They know what the Q means. Trading is mostly automated now, and designed so they just make the spread with minimum risk.

The fact that there are ignorant people out there buying a bankrupt stock that is soon going to be cancelled and be worthless is not unusual. It happens all the time in bankrupt stocks, often up to the very minute that FINRA deletes the ticker. People either don't understand bankruptcy law and/or do not read the SEC/Bankruptcy Court filings and don't see the stock is going to be cancelled. The trading in SFXEQ is not unusual.

But the common shares will be cancelled, and anyone who holds these shares will lose 100% of their investment.