InvestorsHub Logo
icon url

ozzy52

05/20/08 9:12 AM

#8982 RE: Thehelm #8980

"If it is MM's selling, they do not always get what they can, because one day the T trades came out less than anybody ever was on bid for that day."

That is not inconsistent with what I'm saying. Let's say the price was stuck at .01 all day long, it opened at .01, never changed from .01 and closed at .01. The MM makes a bunch of sells to us all day long totalling 10,000,00 shares all for .01. So a $100,000.00 worth of sales (10,000,000 X $.01)

What you'd then see on the AH entry is 10,000,000 @ .0095.

HFBV gets that $95,000 (10,000,000 x .0095) and the MM gets to keep the other $5,000 as a commission.

And actually I keep saying MM, I'd say its just as likely if not more so that its a broker acting on behalf of HFBV.