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breezin_chs

05/20/10 12:41 PM

#35138 RE: Porgie Tirebiter #35134

Illiquid? Why are there 211 market makers in the Pinks?

Could it be because MM's can hold positions in Pink stocks and they CAN'T in listed stocks?

Quick calculation: If an MM can short 109,099,482 shares every day @ .0004 and cover same @ .0003, he can gross approx $1 million in 100 trading days or 5 months.

Multiply that by a few stocks and you can set up a basement office in Brooklyn. No offense to Brooklyn.

Not surprising that you didn't respond to my question: Are you saying that to provide liquidity, yesterday's long-sell vol required a short of 87.8% of the total vol?