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Re: DD-214 post# 238330

Thursday, 03/30/2006 11:04:33 PM

Thursday, March 30, 2006 11:04:33 PM

Post# of 279080
I called Scottrade about those trades today.He said "its all buys and sells" seems simple enough.SO who can buy at 5 places past decimal I asked? he said market makers. So I said why would they do that?He replied so they can show activity in a stock. I said,hell this stock has no problem showing activity look at the volume.He obviously wasn't to framiliar with QBID.He said jeez a billion and a half.I said I know so why else might they be buying.and he said so they can sell them back for a tenth of a penny.I'm sure he just used that as a random figure,but then he said something that floored me.He said they could be short and they're trying to cover.Thats the first time my broker said that a MM could be shorting. This is the honest to gods truth.So when you see someone constantly posting negative things and trying to cast doubt about your investments,think maybe they are MM or are working for them,I know I will....
Carver

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