Replies to post #6775 on First American Scientific Corp. (fka FASC)

[chambers52]

Well I thought that was the way it was supposed to work,,,,,,,
but seems like the MM's have it their way or no way at all

[rodrth]

beischens....lol, sound like me....that is why they are market makers and that is why legal shorting is allowed,,,with a proper settlement period of a couple days....

They are supposed to prove they have found buyable shares and they are to document where they are at, then they can legally make up(create out of thin air), shares to sell in order to close each deal....

it is just that when they do not settle up (taking the money from the sale, go to the MM that had the available shares and literally buy them), and instead, put all that cash in their pocket..... that it gets into the illegal arena...fwiw

D