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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: ajtj99 who wrote (30749)2/18/2002 4:18:07 PM
From: Mike M  Read Replies (1) of 99280
 
aj, it is true that Market activity is different in Naz from the Big Board. BB acts as auctioneer putting buyers and sellers together. Naz MM's will make the market but they won't assume unlimited risk. If the supply is flooded they step out of the way and allow gravity to take its course.

My original point was that if everyone knew stock A was going to drop from 30 to 20 then who would buy it at 30...Not even the MM.
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