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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: gene_the_mm who wrote (51)7/27/2000 12:04:05 AM
From: ISOMAN  Read Replies (2) of 1426
 
Here is a simple queston that I am realy tired of seeing plastered all over Ragingbull, so it would be nice to see a direct comment from a Market Maker...

The daily chant on (insert favorite OTC here) if the stock is say 2 cents, they (the touts) are yelling, put a GTC order in for $2 it'll stop the MM from using your stock to short.

I say this is phoney baloney and that you guys, #1 don't need their shares to short, and #2 you can't see everyones orders like that, just the ones that our firm is handling.

In other words, mash could see any SCH orders.
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