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Re: JP2222 post# 31835

Wednesday, 11/13/2013 9:04:42 AM

Wednesday, November 13, 2013 9:04:42 AM

Post# of 57329
Well for one Market Makers do not trade OTC securities from their principle account, they use Riskless Principle transactions as they do not take positions in these securities. Using Riskless Principle transaction results in a net 0 position at the end of a trading day. They do not take short positions as they do not take long positions, they simply earn per transaction and occasionally take advantage of the spread on market orders, or block position transactions.

Although the Short Interest has increased to 96,836 shares currently it is barely 1% of the Float and negligible of the OS. Simple fact is, it has nothing to do with shorts and more to do with profit taking. The name of the game is not holding an illiquid or massive loss security for some, as they do not believe the BS story. Traders will trade in and out all day long.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y