InvestorsHub Logo
Followers 230
Posts 43009
Boards Moderated 1
Alias Born 03/15/2011

Re: Smilin_B post# 28823

Monday, 03/18/2019 6:04:36 PM

Monday, March 18, 2019 6:04:36 PM

Post# of 46427
This is cute.

Do you know how share conversions work?

When company “dumps” stock it is first sold to a dealer broker; these shares never go to open market. Why? Because there is a discount; on open market, nobody will sell them these shares at this discount.

Anyways, the dealer broker then stores these shares in a DTC treasury, which they can issue, sell, to float, that’s an open market sale that lowers stocks liquidity and price.

So in other words, a market maker may easily hold up to 9.99% of OS at any given of time in DTC treasury; that’s 71.5 million shares at today’s numbers, which they can sell at open market

EUCALYPTUS

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.