"I think the Expert Market trading still needs to be addressed though."
We knew the Expert Market would be Coulson's sneaky way to still make a market for the thousands of stocks that lost compliance to Rule 15c2-11. He should be hauled in front of SEC Enforcement.
The U.S. Brokers, the real gatekeepers, stepped up and prevented buy orders, allowing only sell/liquidation orders. Unfortunately the Canadian Brokers allow buy orders of U.S. OTC stocks that lost compliance to Rule 15c2-11. Some Brokers operate in the U.S.A. and Canada so I'm at a loss to reconcile how the same Broker Firm can prevent buy orders for their U.S. clients but allow buy orders for their Canadian clients.
My Broker is 100% Canadian with no satellite offices in the U.S.A. I tested the waters by trying to place very small buy orders of OTC stocks that lost compliance to Rule 15c2-11 (orders well under the lowest bid, BTW) and all attempts were denied.....whew.
I cannot fathom the disparities.
"I’ve been watching George Sharp’s custodianship plays in action - GOFF/GVSI/SRNW. The SEC/FINRA might want to keep an eye on his private twitter site. And maybe his trading account!"
FINRA should blue sheet Sharp's trades and correlate the trades to his Twitter posts. FINRA might find some bad stuff to give to the SEC.
Pepe Le Pew comes to mind.
To bite the worm of incite is to bite the HOOK of the antagonist . They win .