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Re: Laylos post# 149272

Wednesday, 05/19/2021 9:53:13 AM

Wednesday, May 19, 2021 9:53:13 AM

Post# of 227473
It is illegal for MM's to buy or sell outside their spread. You can prove this for yourself. Just place buys and sells above and below their spread and see what happens. If you try to sell below their bid, you will get their bid, because they can't buy them outside their spread.
Again, this is an automated market, and every transaction is recorded forever. All it would take is an audit to track down any violations.
MM's make millions doing their work legally. Why would they try to make pennies on penny stocks and risk millions in fees? They wouldn't. The system works, and there are no 'specialists' in the otc. Automated means no PEOPLE are managing the buys/sells.
People that believe mm's in penny stocks manipulate share prices, must also believe in ghosts. They don't seem to understand that computers don't cheat.