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Re: fink post# 13697

Tuesday, 11/16/2010 12:34:50 PM

Tuesday, November 16, 2010 12:34:50 PM

Post# of 129051
Agreed, also know that the MM's can see all the limit orders, so if someone tries to set up some kind of stop they'll run down and gobble it up IMO.

For example, I use ST and I'm not allowed to set stop limits on OTC stocks, so if I think its going down I might put a low limit order in as a "fake" stop (not me personally but someone might). The MM's see the order, buy 'em up, and send it back.

I could be way off base, but that's what it looks like to me.

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