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Re: Stakena31 post# 24190

Sunday, 01/17/2021 1:58:09 PM

Sunday, January 17, 2021 1:58:09 PM

Post# of 31705
There are approx 10,000 OTC stocks. There are no live persons at these brokerage houses watching them. Yes for a Broker to make a market in a stock they have to sign some paper work and acquire some shares. Once that's done, and they become a Market Maker, the computers take over. Not everyone has an internet trading platform so they do get involved 10% of the time or so putting in orders for those clients. They are not buying or selling stock on a daily basis. They are not short the stock except to maintain an orderly market in accordance with FINRA rules and regulation. They are not manipulating penny stocks as some who don't understand how the market works would have you believe.