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Re: retireat40 post# 252

Thursday, 04/24/2008 10:26:03 AM

Thursday, April 24, 2008 10:26:03 AM

Post# of 443
MM's will quote whatever their customers ask them to quote....that's their job. I doubt any of them have long positions in their own accounts. I'm sure lots had short positions yesterday but those would all be covered now.

Other than 352k that traded under .009 early yesterday, pretty well all the buys were over a penny and right up to .019, MM's would have been covering all the way down.