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Re: qtipjoe post# 7252

Tuesday, 03/27/2012 9:32:40 AM

Tuesday, March 27, 2012 9:32:40 AM

Post# of 20680
"The market makers have no shares. So the first part of this is the fact that there should be no asking price. I really don't think it's such a great idea to try to sell something you do not have."

Market makers generally don't maintain inventory of OTCBB and Pink Sheet stocks. If a MM is not representing an outstanding sell order from a real live human at a time when it gets a buy order routed to it, the MM will routinely sell a few shares short and then go high bid to cover. That's how they operate. Nothing special for Telvue.

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