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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marginnayan who wrote (141441)1/3/2002 12:11:16 PM
From: At_The_Ask  Read Replies (2) of 436258
 
Market makers and specialists sell to the public at the highest possible price and buy from them at the lowest possible price.I think what Grace is reffering to is the fact that small traders rarely get a good deal. If some news hits a stock overnight the mm's gap it up ridiculously high and sell to the small traders till the volume is gone. When the surge of small buyers is gone the price will fall. The mm's sold or shorted high and when the public sees they don't have a moonshot on their hands they will sell back, often for less than they paid.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext