Replies to post #175675 on KMA Global Solutions International (KMAG)

[Chag]

Why call a broker? Bid and ask is real time on my screen.

[BONESPUR]

Good idea. Call and ask what those numbers mean

[DragonBear]

You better tell FINRA because the numbers come directly from their website:

Where the numbers for KMAG represent 100% Riskless Principle Transactions being reported by the MMs. Rather than advocating telling FINRA, one should listen to FINRA. Where they tell you daily SHO Short reporting is MEANINGLESS in the context of the two tier market trading, and Riskless Principle Transactions. Also helpful would be to read Rule 200, and understand how it affects how a trade is marked by a MM.

Your raw data does not represent new "Short" positions in KMAG. It is illegal to Short any non-marginable stock. All grey stocks are non-marginable. By definition KMAG can not be Shorted. Again the daily SHO Short raw data for KMAG is MEANINGLESS.

Now some have tried to convince us that gray sheets can never uplist and we know that is not true

Provide an example of a grey previously suspended, and with un-registered stock (i.e. non SEC reporting), which has made it back.

while others have told us all trades may only be matched trades and we know that is not true either.

If one placed an Ask for 005, or a Bid at 05, they would wildcard match against the current majority bids-asks at 01. Outside of that they must "match". There is no MM around to maintain a spread.

Just call your brokerage firm and ask what the bid and ask is and you will no doubt be told.

You will be told the last in house trade, or last SHO trade reported by another broker. It follows the law of probability. Wherever the most matching Asks-Bids are at is where a match is most likely to occur in the greys.