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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: Jitney - Naked Shorter ?
5
Nov 17, 2009 11:33AM
1
Nov 17, 2009 12:00PM

I find it interesting that a brokerage company would purposely name itself after term used to describe a dubious trading arrangement.

Wikipedia defenition for "jitney":

  • a method (considered fraudulent in most jurisdictions), whereby unscrupulous investors trade shares back and forth at pre-arranged prices to give a false impression of price and volume. This is also called circular trading.
  • a legitimate arrangement whereby a broker who has direct access to an exchange executes trades on behalf of a broker who doesn't.
6
Nov 17, 2009 02:21PM
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