Replies to post #205503 on CMKM Diamonds Inc. (fka CMKX)

[famulus]

No, white, they didn't. This stock had no MM's. And "oversubscribed" refers to an IPO with more offers to buy than shares available.

[janice shell]

Brokers don't "have" shares to sell. If you buy stock from a broker, he "gets it" from an MM.

Urbie issued enough stock for everyone in the world to have a few shares. There was more than enough to go around.