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Re: kownski post# 188409

Monday, 11/30/2009 9:25:25 PM

Monday, November 30, 2009 9:25:25 PM

Post# of 362899
Some brokers guarantee the highest available price to sellers and the best available price for buyers. I use Ameritrade and have frequently gotten shares purchased cheaper than I offered, and received sales at prices well above what the price I had on my sell order. I didn't consider either type of situation to be manipulation, only receiving what was promised to me by my broker. They kept their word in practice.

And no - that doesn't mean that manipulation is not taking place. It just means that it isn't ALWAYS manipulation. I personally find it hard to differentiate on what is manipulation. I have a close friend whose brother is well connected in the market, and they laugh at all the conspiracy theories thrown around on message boards of MM manipulation. I tend to side with them. MMs are not necessarily the best people in the world, but they aren't all criminals either.

IMO.


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