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LASERLOCK TECHS INC Message Board

  • frnk61@aol.com frnk61 Jun 11, 2013 8:23 PM Flag

    Derek:

    One other reason for the bulletin board is I believe that they can hold back pertinent information as opposed to the Nasdaq where they have to announce info. I may be wrong ,

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    • You're probably right. I think the SEC and FINRA require share price, market cap and shareholder equity at minimum. I suspect companies choose to issue positive news when appropriate in any effort to boost share price. No doubt the real issue here is the activities (or lack thereof) of the esteemed market makers. As I understand it, their role is to provide liquidity, lower transaction costs (how they do this I'm not sure with limit orders filled at around $7 at several brokerage houses), and facilitate trading. In my mind, they're a solid oh-for-3. It seems all these creeps specialize in is dramatically impacting the share price with $100 trades- usually to the downside in an attempt to acquire more shares, orchestrate a move upwards, move their shares and repeat the process ad infinitum. Sleezy for sure....

 
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