Franklin Mining, Inc. (FMNJ)

[imanjen13]

Newbie for a complete explanation you will to do a little googling on the function of market makers. Basically, they are supposed to make an orderly market in a stock and they are sometimes traders. Some market makers may keep an inventory of shares to trade but if they want to honor a trade they can borrow the shares and short them to you and then hope tocover at a lower price to replace the shares. In effect what the guy on the phone was saying is that the mms are like bookies. As long as the bookies book on bets evens out -eg last week jet giant game. if 1 million was bet on each team, the bookie can't lose since he makes the 10% vig from the losers and pays the winner off with the losers money. Kibbsh? If fmnj is giving unrestriceted shares to investors, they can do the same thing. Think about it this way. Everytime you sell a stock youu own, you are basically shorting it. You hope to buy back the shares you sold at a lower price hence you are betting down. That is what you are doing with prry if you took some money off the table. You will find that the only problem is that these stocks are not so liquid as to be readily tradeable.