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rca

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Alias Born 03/25/2006

rca

Re: Slippery Wing post# 2500

Friday, 07/28/2006 10:12:18 PM

Friday, July 28, 2006 10:12:18 PM

Post# of 19921
Well it gave him a case of beer, but those nasty MMs picked those shares up for .0001 or less. By selling at .00019, they prevented you or me from selling at .0002. That's more than a case of beer.

They do alot of tricky things those MMs. We've been doing alot of experiments with stocks (not JMCP) that aren't really trading much, and the MMs steal our orders and play with the prices. For instance, on one stock, we put an order to buy at almost double the bid. The price went up and shares traded, but we received no shares. They saw our order, and stole the stock away from us.