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Microcap & Penny Stocks : VLVT (was CSMA)
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To: Beverley Davies who wrote (2633)12/3/1997 3:41:00 PM
From: Joey  Read Replies (1) of 11708
 
Beverley - the Market Makers job, in theory at least, is to maintain a liquid market by committing the firms capital and maintaining a position. If they had to call and borrow shares every time an order made them short, the market would grind to a halt. MM's are allowed to short stock without first borrowing them, what you hear on this thread and other discussion groups to the contrary is wrong.

-Joe
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