Replies to post #137669 on CMKM Diamonds Inc (fka CMKX)

[ns8013]

Pdogg are you new to the pinky market? There is a bid and an ask. Investors buy at the ask, in this case .0002 on CMKX. The MM's will buy shares from you at the bid, which is currently .0001. That's how they make a profit, and how the system is currently setup. You aren't supposed to be able to sell at .0002 right now, or buy at .0001. It has nothing to do with being a scam or MM manipulation.

[gump90]

It's very nicely 'boxed', Pdogg ..

By the MM s who own the game. They are under no obligation to process your orders. If you wish to buy you have to go to $0.0002, and THEY will sell it to you. If you wish to sell you cannot get $0.0002 .. but you can get $0.0001 and THEY will buy it off you. Bee yoo tee full system ... FOR THEM. In Canada that is not allowed .. we have a free market.

[matrix]

Because apparently no one is willing to buy shares at a higher price. If sellers want .0002 or higher and buyers want .0002 or lower, the MMs won't make money on such transactions. So, they fill sell orders at or near the bid and buy orders at or near the ask then pocket the difference. BTW, this is how the market works here. Since the stock is quoted unsolicited on the pinks, MMs aren't allowed to make a market on their own in this one.