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Re: davidbrown post# 99998

Tuesday, 07/30/2013 11:21:35 PM

Tuesday, July 30, 2013 11:21:35 PM

Post# of 123600
what adanac was referring to is the fact that the market makers can find a real seller in order to NOT short sell

I know very well what adanac was referring to and my answer is still the same. Most of the time a market maker will sell the shares short to someone and then buy the same amount of shares to cover the shares he just sold. That way he doesn't get stuck holding shares, especially in illiquid penny stocks, if the buyer cancels his order.

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