Stock Ethics and Philosophy 101

[Brad S]

The Riskless part means "Riskless", correct?

Yes.


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?

Yes.


If a market maker can never hold or make money on a transaction...

I wouldn't say they "never" make money on transactions. I'm sure there are occassions when they do a little trading for themselves when the opportunity presents itself.


That quote on the bottom of your post, is that your belief on newbs entering the penny stock arena?

No, it isn't. It has to do with those who will believe any lie in order to justify their piss poor investment decisions.