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Re: kajulie post# 10866

Friday, 06/10/2011 5:33:39 PM

Friday, June 10, 2011 5:33:39 PM

Post# of 114744
There are exceptions... and one of them is for "NON HELD ORDERS" meaning that the MM is selling for someone who is NOT in posession of the shares.... aka SHORTERS.

I do not believe in shorters in pinkys any more than Santa Claus and the Easter Bunny.

Well, I didn't UNTIL YESTERDAY.

These new rules are such a great thing! We can see bid/ask sizes and if the MM is selling a Non Held Order now we know!

Wait till MAXM finds out that there are no shares for them to sell and they have to buy them back! This is gonna be HELLA FUN!
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