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moneynmoney

11/24/10 3:11 PM

#10219 RE: moneynmoney #10218

Since I am long, it turns out that I can only sell my position (closing transaction for longs). I cannot add more to average down.

Anyone has any idea what is going on with this.

Sargeant-Preston

11/24/10 4:25 PM

#10221 RE: moneynmoney #10218

Means whatever MM to whom your broker sends their order flow is hung out to dry; means the MM doesn't have any GERS in their inventory and doesn't want to risk NakeShorting in front of what might be a solid run here. TD Ameritrade and ScottTrade are notorious for pulling this stunt; they both rely heavily on Knight ( NITE )