InvestorsHub Logo
Followers 636
Posts 55781
Boards Moderated 4
Alias Born 07/01/2008

Re: Tinker2387 post# 25651

Tuesday, 10/04/2011 12:54:33 PM

Tuesday, October 04, 2011 12:54:33 PM

Post# of 72077
imo, your right in the long run, this new rule allows us to be somewhat protected, on lower volume days no one will be able to just dump dump (not cnuv but across the board).

Now if the stock is trading a ton every day and is increasing the "daily avg" then down the road, the MMs are able to sell and stay under the 25% rule, etc.

Problem is alot of the smaller brokers do not have the capital to cover the fees since they are required to put up $$ per share and in penny land, millions of shares can quickly add up.

So basically the Brokers have an arrangement with the MM's now to "hold them" in their inventory as they sell to avoid the increased Fees.

This for 1, allows the MMs MORE control of the stock, which i do not like, but also gives us the incentive that the market maker wants to run the stock up to make his profit as well.

"AT FIRST EVERY TRULY GREAT ACCOMPLISHMENT, WAS CALLED IMPOSSIBLE"
Sype: MMaloney107

Visit My Purely Penny Stocks Board For my Next Play(s):
http://investorshub.advfn.com/boards/board.aspx?board_id=11080

ALL POSTS ARE ST