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lostatsea

06/01/14 5:09 PM

#9380 RE: Talc Moan #9378

Sorry Smitter, but you are incorrect. It doesn't matter if one is a retail trader or not, the MMs handle the trades as they see fit. I assume you understand how MMs work and how they profit from the spread. When a trade occurs, they are in essence trading from their own inventory and buy/sell your retail shares at a spread from what you see.

I'm not at all compelled to prove anything to anyone here - no need.

However, I am considering hitting the bid, dumping my position and at least nearly breaking even. Current bid is .0006 pre-split $$. Quite frankly I'm hoping someone who doesn't understand what's going on will take my shares at $8.00.
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lostatsea

06/01/14 5:09 PM

#9381 RE: Talc Moan #9378

Sorry Smitter, but you are incorrect. It doesn't matter if one is a retail trader or not, the MMs handle the trades as they see fit. I assume you understand how MMs work and how they profit from the spread. When a trade occurs, they are in essence trading from their own inventory and buy/sell your retail shares at a spread from what you see.

I'm not at all compelled to prove anything to anyone here - no need.

However, I am considering hitting the bid, dumping my position and at least nearly breaking even. Current bid is .0006 pre-split $$. Quite frankly I'm hoping someone who doesn't understand what's going on will take my shares at $8.00.