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Re: gump90 post# 27280

Friday, 03/05/2010 11:40:41 PM

Friday, March 05, 2010 11:40:41 PM

Post# of 233166
OK ,, Gump---You have spoken about mining --OK

Now you are speaking about the MM industry of which you are out of your element,, and in mine--

The MM's first and foremost duty is to maintain an orderly mkt in the secuity he has charge of for his firm---

You are damn right in that he will short sell---HE HAS TO!!!! There is no such thing as a NSS by an MM when he is doing his job... You think he is going to pull "X" number of shares outta his wazzooo!!!

You obviously know very little ,, as to next to nothing about an MM's job and market making---his job is only slightly different from the NYSE specialist/market maker for which he performs when shorting a couple of 100k shares in about 3 miinutes in order to maintain ORDER!!! in the market---

Those are only temporary shorts, covered in the norm of doing business---

Nobody is shorting this stock out of the MMs normal business LEGALLY----all the shares sold are being purchased right in line with the current market----

And there is no calamatous news from the company or industry to warrant the MM from allowing this to run in either direction--

Please stick to your own backyard---with your commentary--

cheers
art