(Total Views: 297)
Posted On: 06/01/2018 7:41:04 PM
Post# of 6614
OHHH SHIT they do...
Remember, FINRA reports what, twice a month? Do you think MM's are stupid. Ya' got the 3 day rule, now 2 days to close position for reporting. Now, If I know I'm going to receive shares via a toxic funder, I'll simply state that to the MM...Pufffff, FREE shares....I can short and buyback at lower price...DAMN FINRA is a STEP behind.
Remember, FINRA reports what, twice a month? Do you think MM's are stupid. Ya' got the 3 day rule, now 2 days to close position for reporting. Now, If I know I'm going to receive shares via a toxic funder, I'll simply state that to the MM...Pufffff, FREE shares....I can short and buyback at lower price...DAMN FINRA is a STEP behind.
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