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Re: sang k post# 52038

Friday, 05/25/2012 2:11:44 PM

Friday, May 25, 2012 2:11:44 PM

Post# of 232507
VNDM = Vandham Securities out of New York. Their approach is to offer "soft dollar" trading. Wonder what they're doing trying to buy little ole' KMAG?

They specialize in "soft dollar deals" meaning they provide research or some other service, in exchange for clients using them for trading. It also means they aren't looking for small time clients, they're seeking out the whales who will provide enough money simply on trades. http://www.vandham.com/Soft-Dollar.asp
http://www.vandham.com/Research-Partners.asp

They specifically point to the use of Gray, Pinks and OTCBB markets, left hand column. http://www.vandham.com/Third-Party-Services.asp

They also point out short sales as part of their strategy:

http://www.vandham.com/aboutus.asp

Very interesting that they're bid sitting.