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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.28-2.1%Nov 13 3:59 PM EST

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To: tonyt who wrote (13955)1/30/1998 11:52:00 PM
From: Robert Cohen  Read Replies (1) of 32384
 
It ain't necessarily so!

Perhaps 10-20% of trades are crossed on NASDAQ ie a buyer meets seller. The rest and I will admit most frequent trade is when the MM is a middleman for each trade.

Robert
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