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Re: thebloggingbanker post# 32741

Friday, 02/11/2011 4:26:17 PM

Friday, February 11, 2011 4:26:17 PM

Post# of 45176
I guess I am not as sophisticated an investor as you, but why is that nice? What benefit is there to shareholders that MMs are moving millions or even billions of shares around at less than .0001? I certainly see no benefit to my porfolio. Why nice?

There are more shares availble than there are people, it would only be "nice" in my book if Lanza was buying them back with money he stole from the stockholders in the first place.

"The wise man questions the wisdom of others because he questions his own, the foolish man, because it is different from his own."

--Leo Stein,
American art collector and critic