I think the MM's are totally out of control on the P's, and that is saying a lot. I tried to sell 35 shares at $9.02 this morning. The bid was $38.60 and the ask was $39.99. I was away from my PC so I don't know how many traded, but some traded at $39.98. Of course I did not sell mine. As soon as I saw this BS I cancelled my sell order. Now they will pay me more for those shares in the future. I really didn't want to sell, but I needed some cash. No matter what I still have a nice core postion in the P's free and clear.
Not only was I screwed, but how but the person they charged $39.98, when they could of got part of the order at less cost. I guess they paid for a few of the afterwork cocktails for the MM's. Gee I hope they don't choke on the olives.
