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mm107

06/12/12 8:52 AM

#38434 RE: Traderbytrade #38433

Agreed, but remember, RETAIL (me and you) can not short AFPW easily. Meaning only larger firms can.

Its not the shorting thats the issue, its the fact that these MM's sell Air through the day and cover their shorts while holding the price where they need it.

IF RETAIL could short pennies, then the market would be "even" since retail doesnt have the ability to sit there and sell air shares all morning in hopes of slowing down buying to cover lower.

I usually laugh at the "short" posts, but if u notice on our biggest volume day on news, we had 100M shares trade, with 50M shares sold short throughout the day...