Okay how do you explain Crown Financials apparent demise as a Market Maker? According to the PR they ran out of money, how in the he*l could someone in the position they are in go broke? As you know just playing the spread would make any company very profitable.
I understand that they could have got caught naked shorting, but has anyone seen or noticed any NS run-up that could have done them in? And even if they had been caught, how long would it take to recover with literally thousands of other stocks to prey upon.
Doesn’t make sense to me unless they have been forced to leave the markets by the powers that be in the SEC or DTC.
I really haven’t seen much posted about this so anyone with information – I would like to hear it.
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