Replies to post #24461 on Imerjn Inc. (fka IMJN)

[Bill Tarson]

Nah, there are. Institutions have a bit of every stock. BMAK, ASCM and CDEL were on the vanguard of the L2 (they just changed).

That being said, they can afford to lose a couple dozen thousand. The average penny stock trader can't. They probably made hundreds of thousands just skimming bid/asks it back when it was .75, so they still net a gain.