Sure thing Bob AVBC financier, PR and syndicate memeber now Ex MM, broker type that manipulates the system. Oh and my purveyor's think you are full of it. ALso you are trying to justify manipulation as business as ususal to rip off people and manipulate supply and demand. Also because you confessed even further to being and ex market maker and probably hold a series 7 that just adds to Smouch's hunch that you are not just a joe public shareholder but more.
Here is the message:
1. When they do carry inventories the stock rises so they can sell their inventories
COMMENT: This statement, pursuant to your article, makes no sense to me. I was a market maker and have no idea what you mean. Pleawe explain (in twenty words or less - I can't read your War & Peace responses because I get dizzy about halfway in).
2. Cross-Trading is the control by one or only a few brokers who match purchases and sales to drive up or down the stock price whichever way benefits them
COMMENT: Cross trading is done when the same MP has buy and sell orders on his books and tries to match them internally, which according to NASD rules is his first priority. It usually results in best execution for the customer.
Cross trading also occurs when a MP "books" an order for a customer and tries to make money by filling the order at a negotiated price with another MP. This is totally legal, and has accounted for most of the profit generated by traders for the last 150 years. This is not manipulation.
3. Boxing where a broker will position himself on both the ask and the bid, which is the heart of penny stock manipulation
COMMENT: Boxing is not manipulation. Take a look at any thinly traded issue, and you will probably see the same MP on both sides of the market
4. Stock Call Signals which appear to be small share blocks of stock typically 100, 200 and 300 to get a supply of stock another MM or broker to help with an "Oversell", which is the amount of shares sold by a Market Maker that were not bought
COMMENT: As far as I know, when we got stuck long with odd lots, we would call around desk to desk to see if anybody was short an odd lot or two. If so, we would print it as a wooden ticket (kind of like a credit), so as not to incur additional ticket charges on such a small trade. Not illegal - happens in almost every OTC transaction, NASDAQ or BB.
I don't have time to go through all the rest, but I think you need to go back to your 'purveyor' of information on these mechanisms for a FULL refund. You have not only described the terms erroneously - many times you have just filled in bits of information from your opinion on subjects you seem to know little to nothing about. Gary, you are misinforming the public. Last time I checked that was the definition of MANIPULATION. Whatever, if you don't want to listen to anybody else, I guess it's a free country. You can live in your own world and track UFOs if you like. Just please don't cite articles in Business Week & Forbes? and homemade deductions as your basis for posting your autobiographical ramblings as a so-called 'expert', even if this is allowed (don't know why) on i-hub. People might be apt to believe what you write, which would make them even more ill-informed.
Oh and I have inccluded it in with other posts. Habve a haapy 4th MM.
:=) Gary Swancey