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Krombacher

10/27/09 6:02 PM

#184392 RE: Lugheads1957 #184380

Bottom line is that we need MORE MMs not fewer. The more we have of them, the greater is the competition, and the lower is the likelihood of manipulation. The more the merrier.

Krombacher
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vineseeker2

10/27/09 6:42 PM

#184397 RE: Lugheads1957 #184380

Lug, someone about a month ago posted the names of the MM who were always on our stock and the posted some codes they use to communicate with each other. Like what it means to bid .6401 or ask .6402, one of the charters, they can infulence the market by running through transactions. For example if the price starts to rise they run through a couple of buys at a lower price, this makes the last bid & ask their numbers & can bring the market back into their range. Especially when the volume is low.
There was also suspecion they have done naked shorts on some days