California Grapes International, Inc (CAGR)

[Crystalballz]

I know the question is not asked of me, but I can help explain a bit here:

Do you have another explaniation to explain the fact that a security that trades a few millon shares on an average day has TENS OF MILLIONS OF FAIL TO DELIVERS ON SOME DAYS?

MM's have a responsibility to provide liquidity to the market, that is why they can have such huge short positions & FTD's, They can not be long in EVERY position, that is impossible. When a seller or buyer comes along, and there is not a "match", they are obligated to fulfill the order regardless @bid/ask (as much as possible anyways) so they will continue to get as many possible orders form the "big houses"... if they don't fill orders then the brokers go elsewhere.. Being Short is a big picture in Market Maker land, they HAVE to short in order to survive


They are "allowed" alot of leeway by SEC, although a few REG's have changed recently, doesn't really matter tho, hope this helps