SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: luther yow who wrote (18319)2/12/2001 4:23:28 PM
From: sam  Read Replies (2) of 24042
 
Anywhere where bid and ask share numbers can be hidden is perfect for "manipulation." Here's what happens, institutions call in large buy and sell orders to their brokers. Trading desks at other mm firms somehow get wind of these orders and then play them against us (and the institution itself). We have no idea till after the damage has been done cause all we ever see is 100 shares to buy or sell that never seems to get filled. Seems tremendously unfair, but that's the way it is nevertheless. MMs can also slow volume flow by sitting on the bid or ask and taking 100 shares at a time -- using the longest time limit allowable. That's how they are able to "walk a stock" up or down on minimal volume. FWIW, I personally feel the mm system should be completely abolished on liquid issues -- to be replaced by a purely Instinet/arca/isld type system with full disclosure. Unfortunately, it'll never happen cause the mms ARE the nasdaq and would never agree to give up their advantage over u and I.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News