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midnightexpress

07/21/15 11:05 AM

#15901 RE: change-for-a-buck #15900

26 years in the industry on both sides of the table. The very first hint is that there is no upside at all to any manipulation in this stock for a mm. Why? to make a hundred bucks? Don't get me wrong, I am a fan and want these two companies to work out and make everyone money and save lives. The fact is that when a person puts an order in, it goes to the trading desk, if it is a buy, they look for stock from whomever is on the offer (from a mm), orders can be directed but they must have the stock to sell to you on these penny stocks because the risk is limitless for them if they are short. These mm's don't care because they will always be able to take advantage of spreads but that just means watch your orders, if you place a trade at a price and your BD tries to buy it cheaper and give it to you at the higher price, then they have made a profit,,,,but that is about it, they may take advantage of timing.Also, People (you and I) can't short this stock because it is not marginable.