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Microcap & Penny Stocks : ARET (Formerly KLHE) -- Ignore unavailable to you. Want to Upgrade?


To: George C. Grasser who wrote (2921)12/14/1997 9:08:00 PM
From: John  Respond to of 4594
 
George, that is another good example of the "middle man" at work. Thanks for pointing the OLDE blurb out. I'm with a different firm, which is also notorious for advertising, yet rarely initiating any price improvement.

Brokerage firms and Market Makers will always profit at your expense. A much better idea would be to eliminate all middle men, and let supply and demand establish market prices. How? Well, imagine a huge database on the internet that would allow you to advertise your securities, and purchase securities advertised by others. We would, of course, be required to pay a nominal fee to the people responsible for maintaining such a hypothetical system. $10.00 per trade seems reasonable.

An alternative way would allow me to log in to a thread similiar to this one and say, "hey Mr. George, I have 100,000 shares of ARET that I want to sell at today's going rate of .025." You could then buy my shares at .025 without a damn market maker or brokerage firm ever getting their grubby little hands in on our deal.

I guess it just makes too much sense though... Like cold fusion, and 200+ mpg carburators, and the filament that Edison used in his original light bulb that is still burning to this day, et cetera.

No, I suppose the damn market makers and brokerages need their greedy cut too, just like light bulb companies, and the oil industry. After all, money for nothing is the American way.

Regards,
John