Stock Ethics and Philosophy 101

[newpontiac]

Brad, thanks for giving that excellent example, going backwards through the links trying to decode it into something that a newb could comprehend in a limited post is still escaping me. The Riskless part means "Riskless", correct? The way I am seeing it is the Market Maker never holds or takes ownership of the shares, so therefore the market maker could never make or lose money on the transaction, is that correct? If a market maker can never hold or make money on a transaction then they would never short the stock or go long, they simply move the shares to the buyers/sellers broker. Still fluid on the above translation, hoping BigBake will stop by and break it down like he has the DTC chills/freezes.

That quote on the bottom of your post, is that your belief on newbs entering the penny stock arena? Thanks to malc we can expound on that here.