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Re: NoClue post# 67845

Sunday, 08/01/2004 10:01:48 PM

Sunday, August 01, 2004 10:01:48 PM

Post# of 358439
haha

First ask yourself; what MMs does Ameritrade use for its order flow?

I think their biggest is NITE, the MM that is rumored to have a large short position.

Now if NITE pays you to send orderflow their way and its your responsibility to pay shareholders if NITE has shorted this and will not cover would you want to make this public information?

All that would do is draw more attention to this stock, which would create more demand for the stock, and make it even harder for anyone who is short to cover. Not to mention problems it would create for Ameritrade if they came out and said they think there is a problem with one of their Market Makers.

Broker/Dealers need MMs and MMs need Broker/Dealers...if one's in trouble you better believe the other is gonna try to bail them out...

Not saying there is a Naked Short, but all evidence in the penny arena as a whole points in that direction, so when you are told by someone, who may be complicit in a crime, that its not going on, you need to really question their motives and the conflict of interest it creates...

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