InvestorsHub Logo
Followers 48
Posts 8459
Boards Moderated 5
Alias Born 07/26/2008

Re: t_b1209 post# 9637

Sunday, 08/10/2008 2:19:26 PM

Sunday, August 10, 2008 2:19:26 PM

Post# of 22460
VERT is the Vertical Trading Group. Here's a link of all MMs

http://www.otcbb.com/asp/tradeact_mml.asp?searchfor=NMKT&searchby=i

This is a group of investors that make their own market. Needless to say, this can be either good news or bad news depending on what side they are on.

In this case, the NNS on the STO has been active for about 9 days. This status must be reported after 13 days. But, lots of times, that when the music begins and the MMs just start to swap with either other to show that they are covering when all they are really doing is trading off the short positions.

With that going on, this could go on forever, slowly putting pressure to drive the price down. Eventually, if the stock hits rock bottom, the MMs holding the NNS is the super big winner because when a stock goes to 0, whomever is holding the NSS does not have to report any of their earning on taxes.

So, my concern is for everyone that is watching and hoping for the best here. I am, too. But, if you think the STO listing is something to joke about or ignore, you could be in for a rude awakening.

imo

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.