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Re: SevenTenEleven post# 34288

Thursday, 12/29/2011 12:15:12 PM

Thursday, December 29, 2011 12:15:12 PM

Post# of 39126
I put in a small 4700 share block for sale at .0199
Which MM has that? Zecco uses UBSS and KNIGHT.
IMO the reason the MM's want to keep the bid under a penny is to restrict the purchase and sale. The Zecco restriction applies only when the bid is below a penny.

All the above is my opinion, after all who would believe me anyway since I drive a 1975 Vega!