InvestorsHub Logo
Followers 63
Posts 14414
Boards Moderated 0
Alias Born 07/19/2003

Re: techisbest post# 11617

Wednesday, 10/19/2005 6:10:23 PM

Wednesday, October 19, 2005 6:10:23 PM

Post# of 53980
techisbest....the MM's are always in the middle, they fill the buys and sells. Their commission is the spread between bid and ask. They buy low and sell high all day long. Wyo got lucky, IMO, some MM bought high (or maybe he was short on filling a sale a higher price a few days ago and needed to square the books). I've had the same thing happen a couple of times on other stocks, and more often a limit buy or sell fill between the bid/ask when a big spread is present on a low volume stock. An MM is always the buyer and seller on every trade.....the specialist is on the NYSE.

Terry, jump in here and tell me where I'm wrong, TIA....

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.