Hey thanks for the PM Peggy,but I already read the second one and know about investing in pennies that the 1st one explains.
Below is the first part of your reply(second paragraph,below) that was just starting to get good until you started explaining short selling.(which in my 48 years on this planet,I figured that out over 20 years ago,but thanks for taking the time to write it anyway)What I am trying to figure out is the second paragraph and why MM activity shows up as daily short interest?
"big numbers" and go....?(what does this mean,does it mean that the MMs are the "shorts" that everyone speeks of? Creating a pps that "they" think it should be to "make a market"?) I would really appreciate if someone could elaborate on this,thanks again if you could Peggy.
"Yes, it takes 3 days for your trades to settle through your brokerage house. Same with my account through Fidelity.
However, MMs usually have loads of shares on their books that they can use to settle trades almost instantly. That's how they "make a market". Those OTC Short Report numbers reflect MM activity ... big numbers."
