GREY:ALXDF - Post by User
Comment by
Curroweron Apr 20, 2018 10:21am
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Post# 27916893
RE:RE:Here We Go Again
RE:RE:Here We Go AgainNot on the Venture. Anything goes. An example is the oddlot rule through which brokers can drop odd lots that were not processed the previous session onto the market. That gives them the ability when they are organizing a stock price suppression and accumulation program to sell small lots premarket and into the close like yesterday to gap the price down. In this system they can sell 1000 shares $80 at 3:59 and drop the Azx stock price to .075 for the next session. The next morning preopen they can ask .075 with 1000 shares again another $80 and succeed in reducing the market cap of a 47 million dollar company to approx. 43 million with $160 dollars!!! That is why it is lucrative. This chicanery is only organized by brokers for shares with a high value extremely discounted stock like Alexandria. Abusing the stoplot rule allows brokers to also accumulate Stoplossed shares from unwary retail investors. Forget the regulators they enjoy their box seats at Maple Leaf games and the cases of Veuve Cliquot. Good luck