Replies to post #22151 on NewMarket Technology (fka NWMT)

[Value_Investor]

What do you mean? I do not get it.

[Toxic Avenger]

This is the OTC where a MM can take an order or not. Only way to get a trade below the bid price. Now who would sell at $.0002 when the bid was $.0003? Maybe someone who had an All-or-None sell in for 5 million shares. My guess would be someone who got his shares at $.0001 or $0. Convertible preferred? Who knows. But you can bet it wasn't Joe Retail.

[oilslick91]

And Then!
Buy back shares. Buying out the prefered first will hopefully
stop the shorting. I'm no expert but it sure looks like we were
shorted into the ground before the prefered converted.
oil