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Re: shotsky post# 77845

Thursday, 04/04/2019 10:03:56 AM

Thursday, April 04, 2019 10:03:56 AM

Post# of 186029
Correct. MMs process orders. Much more boring than the popular mythology.

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.


"It is easier to fool someone, than to convince them they have been fooled."

For those that don't get it, it means that people need to be more careful, and do good due diligence...