InvestorsHub Logo
Followers 48
Posts 5793
Boards Moderated 0
Alias Born 07/08/2003

Re: eaglechip1 post# 8606

Tuesday, 09/14/2004 5:13:35 PM

Tuesday, September 14, 2004 5:13:35 PM

Post# of 341698
Unfortunately you make no sense! MM and Hedgies pay no commission. They bring the price down by selling blocks of 5000 shares at a time because their holdings of say 10,000,000 shares . When the price drops by each .001 cent and they are short say 10 million shares They gain $10,000 on every .001 cent.