I own about equal amounts of the A's and B's
So, yes it would be perfectly normal to have the same firms perhaps execute my trades for both classes if I were selling (which I am not by the way). After all, wouldn't it make sense for me to sell some of both classes?
As I pointed out, two of your "manipulators" are ARCA and AUTO. Look them up. They are not market makers.
A true market maker will carry an inventory of the stock they are making a market in. This market maker will often execute your trade by taking the other side because, gasp, that's what they do, make a market in the issue. However, I get the feeling that the true market makers here don't have much of an inventory at all. So when you place an order they are most likely trying to match you up with someone else on the other side. The issues are somewhat illiquid. Anyone here on the board put in an order at the bid or ask and have it take what seems like forever for it to fill? This is also why I think the short sales reported on the daily short sale reports are usually such a high percentage of the total sales. When a sell order comes in the market makers don't have the inventory to fill it immediately, nor are they willing to fill the order at the current bid/ask because the shares may not be there for them at the current price and they'll get stuck. So they will find a buyer for your sell order and execute the trade as a short sale and then turn around and buy your shares. This is called a "riskless principal" transaction as I have attempted to explain before. The true market maker doesn't want to get stuck on the other side of the trade here because Tronox is so thin.
But this is just all my take on the trading here. Honestly though, I will admit that your naked short selling and market maker manipulation make for much more exciting discussion. But alas, I'm afraid it's getting late and I need to catch a train to try to steal that crop report from Mr. Beeks before FCOJ trading opens in the morning...
