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Re: Xman1959 post# 151784

Sunday, 06/13/2021 8:02:57 PM

Sunday, June 13, 2021 8:02:57 PM

Post# of 221122
You are completely in the dark about how selling works. I can't believe some people put their money out on stocks without even knowing how the system works.
First of all, your broker has NOTHING to do with how your stock trades - they simply ship the order off to the MM's. There is a pool of MM's and the ones that are fastest get the orders if you're within their spread. Brokers don't DO THE TRADING. They hand the orders off.
Next, in penny stocks, shares are not shorted. You would have to ASK your broker to short stocks, but they won't permit you to short penny stocks. What MM's do isn't really shorting - they borrow shares and replace them. Not the same thing.
If you put them up for sale, they can be borrowed by MM's and replaced. THAT IS WHAT THEY DO, for cripes sake. They FILL ORDERS, and they don't have to BUY them to do it - if you have shares for sale, they are open for MM's to use to fill orders. They don't BUY them, they BORROW them, then REPLACE them without you ever knowing.
You are HELPING MM's make money by putting them up for sale.
There are NO SHORTING ATTACKS in penny stocks. Jesus, get an education abotu what REALLY happens, instead of spewing crap that can't happen.