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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 22.13-5.9%Feb 4 3:59 PM EST

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To: Zeev Hed who wrote (277)9/10/1996 4:53:00 PM
From: Richard Mazzarella   of 14226
 
Zeev, you know I can't keep my money far away from you. ;-) I tried to snooker the MMs at the end of the day. A trick that works sometimes is to place your order right between the bid/ask on a stock that is "stuck" for most of the afternoon. Then just before the market closes, send a cancel in for the order. If there is not much activity with the stock the slimballs will sometimes take a smaller profit and give you your price before they acknowledge the cancel. When they don't have much time to think, you can pull it off. It works ~ 40% of the time. However, the GPGI slimeball MMs didn't go for it today.
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