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The Law (f/k/a emz)

03/27/21 8:58 AM

#4604 RE: Corey3055 #4562

Umm- Ok. Education time- There was some semblance of truth the MM Trade "signals" (slow it down, I need shares, let her rip) many moons ago (when I used to stop by Charles Schwab on Queens Blvd. to flip through the "Pink Sheets") on my way home from College or Work. However, since the advent of the "pager", then cell phone, then Blackberry (remember any of those?) the MMs have much more sophisticated and UMTRACEABLE methods to convey signals. Again, a little bit of Common Sense goes a long way in Pennyland- such signaling is a "No-No" and could subject the MM to sanctions/penalties or worse! Do you really think they are going to risk that for when they can simply send an IM or text through a burner phone? Every 911 you see these days is an Ihub or other trader, and most of the time they will step up and admit that hey did it for shits and giggles, but this board is full of newbie children cutting their teeth so I doubt that will happen here. Have a great weekend!
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OilPatch

03/27/21 9:25 AM

#4605 RE: Corey3055 #4562

Now they trade in 10k chunks regardless of the float.