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Re: Chief-money post# 80006

Thursday, 04/11/2019 9:15:03 PM

Thursday, April 11, 2019 9:15:03 PM

Post# of 186029
Oh, yeah, the short report...
We, as traders, cannot short penny stocks. All it takes is one person showing such a trade to prove me wrong. But that does not happen.
So, who can short? Well, duh, the MM's, the ones that have to facilitate every single trade we do. If they can't find shares, they can short to get them, and they do. IF they don't cover by end of day, it goes into the short report. That is reported twice monthly to SEC.
It is through mm hands (computers) through which every single share passes, and they get their cut on the trade, not on 'going long' on a pink sheet. They don't care WHAT a price does, because they work on tiny wiggles of share price that we don't even see. They work at one decimal deeper than we see.
Need I even explain? They are the gatekeepers of every public (common) share traded. Every single sale makes them a commission. No different than your broker charging you $5 to make a trade, the mm's charge the brokerages. That is why no mm cares a whit about what a company's share price it.