InvestorsHub Logo
Post# of 200688
Next 10
Followers 151
Posts 18283
Boards Moderated 1
Alias Born 04/05/2019

Re: cjstocksup post# 14012

Wednesday, 08/14/2019 11:17:08 AM

Wednesday, August 14, 2019 11:17:08 AM

Post# of 200688
After you read this article carefully let me know if your thoughts are the same.

Below is one excerpt and below that is the link.


Market makers, by definition, are required to PROVIDE LIQUIDITY not extract or remove liquidity. The math provided below demonstrates that instead of matching orders, market makers, Knight/Virtu, Cantor Fitzgerald, Canaccord Genuity, Citadel, eTrade/G1 are heavily shorting MAXD stock BOTH on the offer and on the bid, which by definition means they have a “speculative short selling strategy” running on MAXD. They are carrying net short positions overnight and continuing to claim the market maker’s exemption, which is in VIOLATION of the Fair Market Making Requirements of Regulation 

https://www.globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html