GREY:MHGPF - Post by User
Comment by
waterbuzzardon Jul 10, 2005 12:11am
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Post# 9261716
RE: Raymond James
RE: Raymond JamesI believe that employees at Raymond James can purchase shares at no cost, so what you are seeing is an employee with a standing order at 0.005 per share. I've seen this happen in other stocks - See DFG.
Once the employee has enough shares they sale the shares at say 0.02 and they've made four times their money.
This can only be the logical conclusion for such small trades. I think I'll go work for Raymond James.