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Message: Re: MM CDEL

Jan 08, 2020 10:29AM

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Jan 08, 2020 02:09PM

MM's do not want to hold shares of FUNN nor any other pinky. They create buy and sell market. Doubt they go home and say hey honey the company just bought 1M shares of XXXX at .XXXX and will hold it for 20% gain. That doesnt happen just like shorting in pinky doesnt happen either.

Your buy on the ask was supporting FUNN (thanks). Investors are investors they want the best price for there cash. Who wouldn't buy on the bid if someone is wacking it? More shares to the buyer. sellers undercutting the ask buy a wee bit can get out without clobbering the SP. They get a better price and the buyer feels they got a good price. Crazy to wack the bid seller looses a ton.

Right now there is no support from the comapny to bring in new money. We need to know the new auditor (please let it not be rbsm), we need to know about 19. KTU sales would be great also.

the above jmo

 


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