Replies to post #256122 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[CYRXorbust]

i THINK that market makers can still trade but they cannot post a bid/ask.

[ID Supermoney]

But Market makers can have their own "customer group"

ID

[hasher]

If I'm mistaken I hope that someone will take a minute to straighten me out.

Me too.

My definite knowlege about the background on grey trading is as grey as the market itself.. maybe Jim Bishop can give us some clarity.. I will ask him to pull up the relevant info

[TEX]

from your link:

Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume.

"broker-dealers" are MM firms.