Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

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Dec 12 9:30 AM EST

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To: David Colvin who wrote (15124)	6/8/1999 6:02:00 PM
From: on parole	of 25548

Some large brokerages actually own a market maker and if that particular market maker was short it would be in that brokerage's best interest to delay (forever if possible) you're getting certificates. I'm not saying that is the case with E-Trade David, good points. Many don't realize that E-Trade and these on-line brokers are paid by the MMs for order flow, this is how they make their money! They are sharing the spread in reality with the MM. It is a very cozy relationship. Read the fine print of the agreement and you will see this is the case. The $19.95 per transaction is only enough to maybe cover some basic administrative paperwork.

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