May. 13 at 7:33 PM
$NEGG I wonder if when we purchase our shares brokers ever take the time to buy the physical shares or they just keep the money hoping it gets shorted and the prices goes down causing the purchaser to sell at the lower price and because the broker never bought the physical shares all they have to do is purchase the shares at the lower price to satisfy the transaction and they get to keep the difference.
In another words a person buys 1000 shares of ABC @ 100 dollars for a total of
$100,000 dollars, broker never buys the shares ABC goes down the scare person sells at a price of
$50. that means the broker would have to buy 1000 shares at
$50 dollars , He just made
$50 a shares 1000X50=50,000 Humm I want to be broker. No Sheriff in town to enforce the laws and regulations. One to suffer is the small investors do I want to keep investing in a rig market. Is this what’s happening with NEGG ? “ Brokers am not selling a single share at loss “ that system is not working with me”