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Strategies & Market Trends : Pluvia's Fist.com - Pluvia's Plays & Portfolio

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To: Smartypts who wrote (776)7/5/2000 4:59:46 PM
From: RockyBalboa   of 1766
 

. I read an article in Briefing and another place that states market makers can’t manipulate a stock price


Well... they can and they do, regularly in both directions. But it is hard to distinct between "making a market" (in providing liquidity) and abusing the own role as a or more market makers...
Running stops for example is manipulation... or going out of the way and make a stock plummeting if one big fund is selling is also a very special way to make markets. Very often connected with showing nominal bids and refusing to take sell orders via snet... then sitting on buy orders and filling them arbitrarily...

... or shorting a stock (hence abusing the term "providing liquidity") and walking it down until buying pressure finally subsedes... and many more.

...or, the other way round... if they decide to take the stock to a journey, then you cannot buy the stock... until it reached its terminal price...but then

All IMO....
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