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Re: IRisky post# 54082

Thursday, 05/16/2024 12:11:09 PM

Thursday, May 16, 2024 12:11:09 PM

Post# of 54125
With men, there are many scams. The most likely candidate for skimming money off the top with the ZNOG daily activity, where the stock is the highest in the morning, and lowest in the afternoon, is the Market Maker. It's a license to steal. The scam? Your broker offers you transaction FREE trades (well, maybe charge you $4.95) with one hand, while the MM is skimming $20K off the top for the day's trades with the other. Of course, if you see this, you as a stockholder can avoid the scam with any buy or sell, simply by buying the stock in the afternoon, or selling in the morning.

On the other hand, I guess you can just say it's wonderful wonderful wonderful that your broker offers you transaction "FREE" shares and just buy or sell at will, I mean, like the transactions are FREE, so why not? Very often, what is seen as a scam by one person is seen as a blessing by the other person being scammed.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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