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Re: Banker_Lanky post# 58108

Friday, 03/20/2009 1:37:41 PM

Friday, March 20, 2009 1:37:41 PM

Post# of 733507
Banker, The MMs have been doing all they can to control this for months and months. The trading pattern is highly restricted by thousands of very small trades by MMs, trades which mock the "free market" idea that individual traders like myself come to market with. It's kind of like the layer of decision makers between the people and the final election results, the electoral college. The market makers, MMs, get to mess with the "votes" in a way. It seems to me the power that large banking institutions have on targeted securities, such as WAMUQ, WAMKQ, WAMPQ is profound. I don't know the inner workings, incentives, or means by which they employ individuals or software to restrict securities to particular ranges but I can assure you that JPM has no interest in seeing these stock prices go up since they may very well have to pay for their involvement dearly by assessing the market value and then providing some related cash in exchange for damages to the company and it's stock holders. I invite discussion on this matter while we wait out the remain weeks of process.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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