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Nicstocks

09/24/09 3:56 PM

#34955 RE: Dan Sz #34953

Dan I just proved your theory doesn't work, I kept upping my bid, they filled me at the highest point then dropped both bid and ask. So I paid top dollar for my shares when I could've bought them at the current ask for a discount If I just "sat" there.

Lesson for me learned when I have a bid order in DON'T TOUCH IT!
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modohome

09/24/09 4:22 PM

#34972 RE: Dan Sz #34953

Dan explain to me and the rest of the team how MM's make money by lowering the share price. I was under the assumption that MM's made money off the spread.