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Re: goldenisla post# 10789

Thursday, 02/23/2017 10:09:57 AM

Thursday, February 23, 2017 10:09:57 AM

Post# of 13983
On the Pink Sheets and OTCBB, market makers are not obligated to show your order. While they most likely will show you order -- especially in fast-moving stocks -- they are not required to do so. Market makers need to make a profit and they often do it on the spread -- the difference in what they buy the stock from you at and then sell it. You may have an order in to buy at .091, but only .09 is shown by the market maker. The market maker is attempting to get someone to sell to him at .09, then will instantly sell it to you at .091 for a .001 spread (profit) to the market maker. This is a simple scenario and occurs on the sell-side, as well. There's other reasons that your exact order might not be shown (size of order not big enough, etc), but this is the main one.