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Re: None

Friday, 04/04/2014 3:40:45 PM

Friday, April 04, 2014 3:40:45 PM

Post# of 43301
Now THAT's interesting! I put in several orders today, and they were filled within seconds through Fidelity online, just like my orders would be for any other stock. And it says they were routed through Knight Equity Markets LP. Until today my understanding was that with Gray Market stocks, no Market Makers are involved in trades, and brokers make trades only when they find a buy and a sell order that match exactly. Well, one of my orders was for 5,999,959 shares, and it went through. And another was for 2,999,999 shares, and it too went through. What are the chances that someone else had placed an order exactly equal to just one of those amounts, much less both? I would say this stock is not behaving like no market makers are involved. Very interesting indeed!