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EDWARD STEVENSON

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EDWARD STEVENSON

Re: bottomdollar post# 588

Friday, 03/27/2009 4:20:28 PM

Friday, March 27, 2009 4:20:28 PM

Post# of 42439
bottomdollar, more or less, MMs (market makers) hide bids at will -- and/or to their advantage.

Logically MMs must show the highest bids. However, another possibility, considering that NITE serves a multitude of brokerages, that MM can display the average bid(if they are not spaced far apart) between a number of open orders imo.

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