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itlogic

11/04/08 3:03 PM

#12641 RE: Mango #12639

"...just not publishing a BID quote because the ask is at .0001..."

Are you saying you can't have a bid and ask that are equal?
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WillyBoyXXX

11/04/08 3:12 PM

#12645 RE: Mango #12639

"Why the comparison to "gray" stocks?"

Because there's no bid. No market. And, I called TDA and they told me it's not "routed through a MM".

And I'm not trying to scare anyone.

IMO the only thing that could possibly save bag-holders is the miracle of this POS complying with Rule 15c2-11 and getting an MM sponsor.

And that would be a miracle as that means the kind of disclosure these guys specifically intend to avoid.