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FinancialAdvisor

06/24/09 12:10 AM

#120523 RE: z4lover #120521

The easy answer is cash.

So you are a trader who is able to short 5 million shares at an average price of .153 and cover today at an average price of .147 today, how much money did the trader just make not counting commissions?

Even for your average daytrader, 3.9%/day keeps the lights on and food on the table, as well as an enjoyable weekend getaway.

Think about where most of the money was made today and it's easy to understand and pick out which market makers are making money, as well as which market makers work for the company and insiders.