Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Please read your own link.

https://www.reddit.com/r/weedstocks/comments/1xydch/market_maker_speaks_out_ways_of_a_market_maker/

That article has been making the rounds for as long as I've been investing, and it is a pretty reasonable description of how things are. That is how market makers work. They do not hold inventory. The sit on the bid and ask at the same time. Shares are bought and shares are sold. If they get too far ahead or too far behind, then they do what they need to do reach equilibrium. They walk it up and walk it down, just like we see with ELTP every day. It happens on exchanges and OTC. It is called liquidity, and it is a great benefit that market makers provide to retail investors- to be able to get in and out of a position fairly quickly and easily. That is how the sausage is made, and if one doesn't like it, then they should stop eating sausage. Buy some treasury notes or park the cash in a savings account instead. But continuously posting misleading data here like it means something nefarious is like enjoying one of my delicious hot Italian sausage sandwiches on a fresh hoagie bun with grilled peppers and onions and shredded mozzarella and then bitching the whole time because Johnsonville puts pig snouts in the sausage mix. Don't like it? Don't eat it.


Try once to click the OTHER tab on otcshortreport.com. The other tab is the biweekly FINRA report, which actually means something. For that report, all broker/dealers must report the shorts in all customer accounts every other week. Along with the biweekly SEC failure to deliver report, they are the only reports that provide true and reliable data on short sales. What one will find is that the market makers do their thing without ever having more than a fraction of one percent of total shares listed as short. One will also find that relatively speaking, ELTP's short shares are at historically low levels. But one has to bother to look and try to understand what they see.