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phl08

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phl08

Re: None

Wednesday, 12/19/2018 4:59:56 PM

Wednesday, December 19, 2018 4:59:56 PM

Post# of 105600
42.5 cents traded today. That may be a record for lowest value BLTA trade!

Someone who knows more about the greys please explain to me how a sale like this even gets processed?

My understanding is that a seller needs a broker able and willing to find a buyer, who also has a broker able and willing to buy for them.

In this case, assume it was a single transaction of 4250 shares @.0001/share. Did the broker actually find someone out there and spend his/her time completing this 42.5 cent transaction? What kind of fees do buyer/seller pay on this? Why!?

Or is this something less manual and more automated?
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