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Re: Setay post# 27244

Tuesday, 10/21/2014 10:34:17 AM

Tuesday, October 21, 2014 10:34:17 AM

Post# of 144813
This may answer your questions. Yes. Money. It's legal. Nothing. NITE is a Market Maker. The SEC grants special privileges of sorts to a MM. A MM is suppose to level out the playing field and make the market move. He is expected to take orders from the big brokers out there, who have recommended positions to their clients. Supposedly, there should be several money makers buying and selling, leaning toward opposite sides sides either selling or buying heavily. The MM is in it for the money and rarely knows what the company is or does. They buy and sell all day long, switching positions, depending on their positions and the orders they are given. They deal in big money and know what they are doing. They are not acting as brokers.
Volume:
Day Range:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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