Replies to post #31497 on Notis Global Inc. (fka NGBL)

[penknee]

Hilarious

"Why is there a $1.5 billion buy order sitting at 0.0001? "

There's not. It's pretty easy to check.

[Risicare]

Why is there a $1.5 billion buy order sitting at 0.0001?

Because someone put an order in for it, just like everything else on the book


then why isn’t the ratio "% of vol shorted" stays constant,

Because not every trade is done like that.

Why isn't the market maker match the buy/sell orders from what is already sitting in the book first?

There are no matchable trades, that is why there is a bid and offer. If put a buy order in at the offer it is filled and the inverse as well.

Why is the market marker has no buy/sell orders already sitting in the book when there are 1.5 billion buys reported online ?

That is someone offering to buy 1.5 billion, it will sit there till someone wants to sell to them it is not a transaction. You don't seem to understand what the level2 information is.

[penknee]

Dont assume that there's only one mm,and this has nothing to do with statistics lol, they're making up the numbers. There are many mm's, if a broker has a buy and sell order from two separate clients they will execute the trade there first. If they don't have that then the order(s) will go to the mm(s) they do business with. Below is a link explaining why trades are marked short. Otcshortreport ignores the actual short interest from finra. They only look at trades marked short by mm's and assume they never cover. Of course they also never mention that if you want to sell US securities short, you need $2.50 per share when they're below $5. Anyone that actually knows statistics will quickly realize that it would be impossible to have 100's of millions of shares short, yet they never cover.

Everyone should read this over and over till it's understood how trading works:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80789337