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Re: Threeflight post# 64367

Thursday, 04/26/2012 5:09:40 PM

Thursday, April 26, 2012 5:09:40 PM

Post# of 348267
I know that and I agree with you, but when there isn't a seller to match up with a buyer the MM's will fill a buy order from their own inventory. Some MM's don't keep inventory of Penny stocks, but others do, like your larger ones like NITE or other larger firms will actually keep their own inventory of shares to fill buy orders, and the will buy shares from sellers as well, to a certain point, whatever they have set-up in their systems for each stock. Thats the point I was trying to make with him, is that on a lot of your Pink sheet & Penny stocks, a lot of MM's own their own inventory of shares, otherwise they would be unable to make a market say if they didn't have any sellers to fill buy orders with, they would have to sell from their own inventory. Rather simple to understand really. I don't know why this grew into a big debate?