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Alias Born 06/24/2004

Re: janice shell post# 132966

Friday, 01/21/2005 9:33:52 PM

Friday, January 21, 2005 9:33:52 PM

Post# of 359153
Janice,

People have often reported fat-finger mistakes that get reversed, like 10M shares at 0.002 - an 18K oops. The 0.0009 trades were in value high 6 figures. If the MMs reverse 5 figure trades for a fat finger mistake, why not reverse the 6 figure mistake?

Its not a reasonable explanation to say the MM who did this ate the cost of that trade if it was truly an honest mistake.

And no, I don't have an reasonable explanation.


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