rumors abound about the PRIMARY MM on the OTC .. and why *exactly* their stock got taken to the cleaners in OCT 2009 .. how ironic that GS never revealed they too had been served with a wells notice by the SEC - fourkids_9pets
Interesting that a stock that went from "no bid" x $0.0001 ran very hard on heavy volume in October 2009. The same stock was 20% of said "PRIMARY MM on the OTC" total volume for 2009.
Could the drop in PPS of this MM's stock be linked to massive short cover losses as this stock rose to 3400% its starting PPS?
Is it possible this MM was also short selling its own stock in the thick of it all?
Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force market makers to cover their shorts above what you paid. Build wealth for fellow iHub'ers!