Hartcourt Companies (fka HRCT)

[mmayr]

There is no doubt in my mind that I do not fully agree with that response. Market makers do not necessarily need to be "short-selling" any stock if a market order is placed for xxxx number of shares. They can bid against one another (based on what someone else has as a "buy" on their budget) and bring the price down to the lowest bidder. Now, placing a "limit" order for someone who is bailing ~~ at xxxxxx amount of shares, or whatever, will assure that price spikes like what happened yesterday, do not occur. Say for instance the stock trades up to 1 1/4. . .and someone decides to sell 10,000 shares. If they place a market "sell" order, they can bet someone is bidding to get in at a much lower price. And on low volume, the market makers can only work with the present bids. If they place a "limit" order to sell at $1.15 per share. . .their lowest execution will be 1.15 per share. It may go all at once. . .or in small increments. But it should not trade below 1.15. On low volume and a major increase in shareprice. . .a market order could take the stock down substantially. It is not "short-selling" that appears to be taking place. However. . .some of the hypothesis could be correct.

Staying life's course. . .

M&M Man

Lets hope we can get this SA IPO off . . .smoothly. Hopefully, that will get rid of some of the "excuses" that stem from everywhere LOL! (Smile as David would say.