Monday, June 20, 2011 8:53:23 PM
With what money? Why would they buy back shares for more than they sold them for?
People say that they can't buy at .0001. So who's buying? Aren't we supposed to have at least one MM on the longs side? Think about it.
Why would that mean that people have not bought shares at .0001? Just because person here says they did not get any? Where did they route to? What place in line are they? Market makers are not on anybody's side they make a market and are sometimes hired to sell blocks for folks. The folks on the OTC desks probably don't even know what the company supposedly does and maybe not even the name of the company. It is just another ticker to match trades and work the spread when there is enough volume.
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