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Re: rrr1 post# 77748

Thursday, 04/04/2019 9:51:27 AM

Thursday, April 04, 2019 9:51:27 AM

Post# of 186029
Known for short selling? All MM's short stocks - that's how many transactions are completed. But if you think they simply buy short for themselves, you are dreaming. MM's only 'buy' stock when there is a buyer unless the market is illiquid.
As long as there are buyers and sellers, they will make the transactions, provided they can meet their spread. AGAIN, MM's don't give a crap what ANY stock does, their business is in completing the transaction and getting their spread.
It is clear to me that many ihubbers have no idea how MM's actually work or how stock is actually traded, and who does what and how they make money doing it.
It is strictly illegal for MM's to 'trade' for themselves - they cannot buy stock and resell it on the open market as we do. The SEC would close them down in a heartbeat if they tried that.