Replies to post #37624 on California Grapes International, Inc (CAGR)

[whodis]

I understand this completely, but "making a market" does not entail filling every order regardless of wheteher or not there are shares for sale at that level. Doing so effectively prevents the normal market forces of supply and demand from determining the price. Also, MM's cannot discriminantly naked short. They have to have a reasonable belief that they they will be able to buy or borrow the shares they are selling within a resonable timeframe (3 days). Do you honestly believe that the MM's honestly believed that they would be able to acquire TENS OF MILLIONS OF SHARES OF AN EQUITY THAT TRADES A FEW MILLION SHARES PER DAY within a reasonable amount of time at the price they sold them at? I don't.

Now we could take this a step further, and speculate about what a MM who sold TENS OF MILLIONS OF SHARES OF SUCH A THINLY TRADED EQUITY would have to do to ensure that they would EVENTUALLY be able to cover these shares, but what good will it do anyone to speculate?