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db

10/29/14 9:14 AM

#9386 RE: slyja50 #9382

SLY: the answer you will get is that the MM are creating "liquidity"
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Homebrew

10/29/14 9:31 AM

#9392 RE: slyja50 #9382

Finally you make a bit of sense. These penny stocks are easily manipulated by insiders, and the SEC very rarely takes any action. I think in many cases, the rules are not very tight, so what they are doing is legal. As long as they fill out the SEC paperwork, they can do it. They like the fact that most retail investors don't take the time to read or understand what's going on.