GREY:ABGFF - Post by User
Comment by
Antennae1on Sep 21, 2012 5:21pm
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Post# 20398011
RE: RE: Goldman
RE: RE: Goldman <planting tongue in cheek> It's apparently escaped the attention of some people that brokerages like GS and TD, not to mention every other brokerage in the world, have something called "clients". Those are people for whom they typically buy and/or sell (i.e., broker) stocks in the marketplace. <removing tongue from cheek>
Sure, they add or subtract shares from their house accounts, but that activity is typically related to the buying or selling by clients. Very rarely do they add/subtract an overage of penny stocks for trading purposes because that market is scarcely active in terms of the amount of money changing hands, and compared to the supply of typical general market stocks they need to carry day-to-day in their own house accounts.
Put simply, if you owned a winery, would you sell wine by the thimble?