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Non-Tech : Meet Gene, a NASDAQ Market Maker
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To: gene_the_mm who wrote (303)8/1/2000 3:05:31 AM
From: DizzyG  Read Replies (3) of 1426
 
<font color=red>RE: Month-End MM Maneuvers...

Gene,

I am amazed that the hype-o-meter always seems to get turned up an extra notch when we approach the end of the month. I'm not really sure what all the noise is about.

Allegedly the MMs start shorting or "walking" the price of an OTCBB issue down at the end of the month(BTW, I always thought it odd that the "longs" accuse MMs of walking the share price down. Yet you never seem to hear them talk about MMs walking the price up). Supposedly MMs do this at month-end to somehow increase or puff-up their internal profitability or some such nonsense. Any thoughts?

Thanks,

Diz-
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