InvestorsHub Logo
Followers 4
Posts 258
Boards Moderated 0
Alias Born 03/05/2007

Re: None

Thursday, 10/18/2007 2:54:53 PM

Thursday, October 18, 2007 2:54:53 PM

Post# of 65657
It's interesting how MM's work. I am not quite sure
I understand the rationale.

I have a bid in for $ .0006, but the posted bid is
$ .0005 x $ .0007.

Now, if I am offering a higher bid, shouldn't the
bid on the screen reflect that ?

It looks as though the MM wants someone to sell at
$ .0005, so he can flip it to me at $ .0006....
a 20 % profit to the MM.

If I bid $ .0006, shouldn't the stock go to me,
and not the MM at $ .0005 ?

What kind of crooked deal is that ?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.