Replies to post #190460 on GNCC Capital Inc (GNCP)

[BigBake1]

Once again the broker sells Lumbs shares short to retail at .0004 all day long and at the end of the day after close buys the shares in one transaction from Lumbs account at .0003 to create the offset to get their commission. Not that difficult:

Q304.1: What is a net trade?

A304.1: A net trade is a principal trade in which a broker-dealer, after having received an order to buy (sell) an equity security, purchases (sells) the security at one price and satisfies the original order by selling (buying) the security at a different price. The difference between the price of the initial transaction and the price of the offsetting transaction generally is considered the broker-dealer's compensation.

https://www.finra.org/filing-reporting/market-transparency-reporting/trade-reporting-faq#301