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Re: saltlife post# 56719

Monday, 06/12/2017 5:40:27 PM

Monday, June 12, 2017 5:40:27 PM

Post# of 183214
No, it sold today. SOld at .0014. Then, the MM takes a fee for doing the trade. So he then resells it to the brokerage where the account is held, and did so at .00137. So the deal is done. It was sold today. At .0014. And I was lucky enough to be the buyer of that trade early this morning, I think. I bought a lot of shares early this morning. Took all the 14s off the table, and then some 15s. Later in the day, I put a bid in at 15, and that is where the market closed on the bids. But that sale happened during the day, at 14, and the cross sale was done at a net of 13.7 (I take some zeros off when I mention where it is at)

By the way, those who get the restricted shares have HEAVY fees to pay. I pay to get a legal opinion to clear the shares, pay the clearing house to review it and lift the restriction, pay to DWAC them out of clearing into the brokerage, pay the MM a fee (the .0014 sale given at only .00137) and then pay 4.5% of the VALUE to the brokerage to sell the stock. Can't use my Etrade account, as they won't accept pennies coming from a clearing agent that was previously restricted. Neither will the big houses. SO you go where you have to. ANd pay through the nose.