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sidedraft

01/27/09 10:41 AM

#199 RE: hestheman #198

They all have bids and asks.
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hestheman

01/27/09 10:43 AM

#200 RE: hestheman #198

what are they? On pinksheets it's not showing bids/asks...
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stripus

01/27/09 11:07 AM

#201 RE: hestheman #198

I am not sure what is going on here? Some days I can buy online as there is a buy and sell quote. Today LHHMQ has a bid and no ask, and to buy Scottrade will charge $27.00. I bought my shares in December and there was a bid/ask & a $7.00 trade.
The same seems to be true with some of the other LEH's.
So I only will place an order if I see a bid and an ask now as I have 4 different trusts I am buying.
I do have a sell order in now for LHHMQ for 5000 shares and is still isn't posted. Scottrade charges more as they have to contact the selling MM for a quote.
I think the MM's are just posting a bid to make it look like no one wants to sell. SEEMS VERY DISHONEST!!!!!
But I really don't understand this either?