NorthWest Biotherapeutics Inc (NWBO)

[Extremist223]

Market Making Is Obsolete

If a market maker's mandate is to "stand ready to buy or sell continuously without discretion" (SEC's own words), then why is it that they risk personal capital? They are performing a national level or even global level service, under the rules of the SEC, and the SEC is saying there is no skill to apply in order to prevent capital loss.

If the SEC takes further action to remove all forms of market manipulation, like making spoofing/wash trades illegal, and if they ACTUALLY accomplish the mission of making a market free from price manipulation, then the market maker would be defeatable and there is nothing that they can do.

They have to accept your wager. How many times can they do that before they lose? Forever if they control the share price.

But if they sell what they don't have, then they never have ownership of the company, which means they cannot control when it is bought out.

The 'liquidity' they provide from naked short selling is exploitable because of the fact that they "sell without discretion". (Again that's the SEC's OWN WORDS)

Take it further and consider the locate exemption rule for bona fide market makers.

This allows them to sell without locating the shares that you receive. Which would become what are called Fail to Deliver shares (FTDs) if a market maker were to run out of inventory whatever particular stock you are buying from him.

Essentially, this is a one way exploit because you can always buy more from him, but he can't force you to give them back.

And so when you buy repeatedly, you dig him a grave based on SEC mandate.

There is only one thing he can do to save losing his portfolio and that is to sell even more digital shares to his friend and outpace the FTDs that are accruing in your account.

One stock and its buyout can blow up a market maker. And the percent of his current portfolio that you get would be the ratio of FTDs that you have and the ones that he sold to his friends.

People are able to buy at any time when the market is open. The person on the other end of that only ever HOPES that you sell back for a loss. If you run a strategy, then as the title says Market Making Is Obsolete.

Where are the police to patch this up? I shouldn't have to get a loan and demonstrate blowing the market up...

The only way to drop the price against a foreign power who would print money just to buy shares would be to dig a deeper and deeper grave every day and every year until that foreign power decides when you are toast.

It is a grave you cannot crawl out of like Bane. There are no stepping stones to get you out. There is no amount of training or expertise that can save you.

One market maker could try to dump his short position on another by buying. So in a sense, all market makers are playing hot potato or musical chairs and the foreign power would get to decide which one they are going to destroy.

This market is lame. It's broken. I'm receiving death threats and the Army is a group of fake men. Fact. Don't feel too bad the police are the same way.

Go away you guys are gross.


#NeWBO Supreme Victory
#Project Gold Star
#Bon Homme Carnival

#I must be psychiatric because things couldn't be that broken.................................
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lazyyyyyyyyyyyyyyyyyyyyyyyyyyyyy



"Have you wished you were dead and would never wake up?"""

only cuz all the men are fake.