Replies to post #222413 on Digital Brand Media and Marketing Group Inc (DBMM)

[Beef Wellington]

Actually it makes textbook perfect sense.


Good luck blazer.

[Jetmek_03052]

No. Apparently you don’t get it.

In the stock market, there HAS to be a buyer for every seller!

In the regular market tiers, there are MM’s, market makers who “make” the market by acting as a buyer when there aren’t any and someone wants to sell.....or a seller when someone wants to buy.

On the “Expert” market, there are NO MM’s. The trading houses act as the MM’s. Trading houses match buyers and sellers. That’s WHY the “expert” market is so illiquid - why it seems like it takes a long time to sell or buy.

After the 31st, there will be very few brokerage services offering to open a new position in DBMM (because of its CE designation). They will only close the position for you (but that may very well be impossible, because no one will be able to buy it!).

So that means unless DBMM loses the CE designation, people have just 5 trading days to exit their long DBMM position.

Get it?

[toncatmad]

Well since it is the end of the month when most platforms will no longer allow buying it makes perfect sense.
It goes into affect 1/31/21 so for right now folks are trying to get out before you are only allowed to liquidate your holding and no longer allowed to purchase anymore.