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Sukhoi

02/25/20 5:26 PM

#40841 RE: bmg2020 #40839

One of the best posts I've seen on Ihub

Arcglass

02/25/20 6:13 PM

#40846 RE: bmg2020 #40839

Well said

mikesmith3

02/25/20 8:14 PM

#40862 RE: bmg2020 #40839

Good post and makes complete sense which is why everyone should hold their shares tight, good news coming! GL

Jayplayer

02/25/20 8:21 PM

#40864 RE: bmg2020 #40839

Wow, just wow. That was sweet. Great response

I-Glow

02/25/20 9:05 PM

#40868 RE: bmg2020 #40839

It is obvious you don't understand the function of a MM - they provide liquidity to a non-liquid market.

Before chastising someone make sure you understand it.

My guess is that SPOM investors don't understand the difference between short volume and short interest.

Major material event SPOM is a classic OTCM share selling scheme.

Let me guess you believe that SPOM is being shorted and you are using OTCshortreport to validate it - you do understand that it is a pumping website.

Those sites use FINRA Daily Reg SHO data, it is meaningless on it's own. 

The Trade cycle is Trade Date plus 2 days for settlement, Daily Reg SHO only shows the Initial leg of each transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 2 days to settle. 

MMs do not "short" penny stocks. As part of making a market, they may have periodic short positions throughout a trading day if they fill buy orders for more shares than they have in inventory, but they also often have inventory when they fill sell orders. Having an inventory does not mean that they are going "long" any more than having a temporary net short position is "shorting." This kind of temporary short position is legal and necessary for efficient trading. 

On every OTCM scam someone that doesn't understand the mechanics of trading posts about MMs walking down...

You do understand that trading is automated - there aren't traders sitting at a table talking about how to screw over SPOM shareholders.

LOLOL! Post your proof that SPOM is being shorted - I am certain you don't understand how shorting works.

IG

Vintage1776

02/25/20 9:08 PM

#40869 RE: bmg2020 #40839

Preach it nah.

CptChemtrail

02/25/20 9:28 PM

#40872 RE: bmg2020 #40839

best response ever! Go $SPOM

WuBang

02/25/20 9:32 PM

#40873 RE: bmg2020 #40839

Spot on truth!