Re: How are we trading at 17 cents...?...smike
posted on
Oct 14, 2008 09:05AM
While I'm in basic agreement that our PPS defies logic, I would like to point out that - if it's MMs and others in position to manulate that you're trying to escape - the Naz (also an OTC market) and the AMEX are NOT safe harbors. Nearly all securities traded on the Naz are "managed" by MMs, and a vast majority on the AMEX. The only escape is the NYSE (virtually all electronic/automatic with no MM involvement, just buyers and sellers). Can we get there? Possible, IMO. Unfortunately however, IMO, not too likely.
FWIW,
SGE