AI
Thursday, February 26, 2009 2:40:25 PM
Dang, Sputnik, I thought you were familiar with how all this works. I'll educate you a bit 
MM themselves only set the bid and ask when they are shorting or covering a short or when they have, maybe, an inventory and want to sell some. Investors like myself set the bid and ask all other times and the MMs post our bids/asks. I, personally, am the one who set the lowest ask for 15 seconds a little bit ago. ME. The MM posted it for me and did so instantly. The ask of .011 went away, instantly, when I canceled my order. MMs do what investors tell them to do unless they are shorting or covering a short. Should be an easy concept for ya.
You can't say that investors are not involved and then in the same line say a "nebulous short seller" like short selling isn't possible. That's just silly. LOL
MM themselves only set the bid and ask when they are shorting or covering a short or when they have, maybe, an inventory and want to sell some. Investors like myself set the bid and ask all other times and the MMs post our bids/asks. I, personally, am the one who set the lowest ask for 15 seconds a little bit ago. ME. The MM posted it for me and did so instantly. The ask of .011 went away, instantly, when I canceled my order. MMs do what investors tell them to do unless they are shorting or covering a short. Should be an easy concept for ya.
You can't say that investors are not involved and then in the same line say a "nebulous short seller" like short selling isn't possible. That's just silly. LOL
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