Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

I have. I have read all the folklore surrounding the absurdly high "sell price" with a good til cancelled.

To those who haven't, there's a widely held belief that if you enter a sell order well above the actual price and lock the order down with a "Good until Complete" execution order that it could result in a fat fingered (accidental) trade execution or somehow force "malevolent participants" to meet that price.

However, it's myth. Like all myths there is some events linking the myth to a reality and here's the reality:
The trade is known as a "Chop" trade. Where a equity is bought for pennies or fractions of and then sold for dollars when the stock price is briefly and illegally raised above the execution price, and sold for massive profits. The owner of the shares and the MM then split the proceeds off the books.

Highly illegal. Regulated and easy to spot, your assets would be frozen even if you benefited without knowledge or cause. Your gains would be seized and withdrawn as in all cases where gains are made from an illegal action. Ultimately you'd be given back the capital you had prior to the event.

Call me a dream dasher... Sorry.