Dude, you could not be further from the truth if you tried.
Everyone knows this...everyone knows WHAT? That is pure BS.
First, it is automated, meaning there ARE NO PEOPLE MAKING TRADING DECISIONS.
Second, EVERY TRADE IS RECORDED IN AN AUDIT TRAIL, SO ANY ILLEGAL TRADING WOULD STAND OUT LIKE A SORE THUMB.
Third, MM companies aren't going to risk their very existence to try to make a couple hundred bucks that could bring them a million dollar fine.
Next, market makers in this market are not even people. They are companies that have computer systems that stand ready to take your trades, period.
Get over the paranoia. It is not even people. It is computers trying to be the fastest to take your trades before their competitors can.
Every stock trade you do is handled by an MM. If your trade is within some MM's spread, they HAVE TO TAKE YOUR TRADE. PERIOD.
THEY HAVE TO BUY ANY SHARES IN THEIR SPREAD, AND THEY HAVE TO SELL THEM IF WITHIN THEIR SPREAD.
Get a frickin education. Every time one of you spreads this bullshit, someone that doesn't understand the market believes what is said. That costs them because they then don't understand how the market works, and think there are MM's working against them.
THAT DOES NOT HAPPEN. MM'S DON'T CARE WHICH WAY A SHARE PRICE GOES, THEY MAKE MONEY ON BOTH BUYS AND SELLS.
GET THIS THROUGH YOUR HEAD: MM'S HANDLE TRADES, THEY DON'T MANIPULATE THEM. They simply don't CARE which direction the market goes. If people sell, they make money. If they buy, they make money. It is the ONLY way they can make money, and every trade is audited for the SEC to review, if illegal trading is suspected. Ever hear of an MM being busted for illegal trading in penny stocks? No, of course not, because it does not happen.
Now, I will block you from further discussion, because I always block people that have no clue how the market works. I want to read what reasonable people have to say, not paranoid idiots that make unsubstantiated claims.
