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Re: OTC Whisperer post# 302393

Wednesday, 05/31/2023 2:39:27 PM

Wednesday, May 31, 2023 2:39:27 PM

Post# of 370434
If they are 'acting as principal' in the trade, they could be held liable and probably should know that answer.

But many brokers are just clearinghouses or placeholders (see 'discount broker') and hold most securities in their inventory (then flip them to you) and probably have no clue (nor would they admit) where they came from.

"Bad news is an investors best friend. Its lets you buy a slice of America's future at a marked-down price."

Warren Buffet

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