Jon Tara, Bill Stockguy has a pretty good point. Is what the market makers did today reportable to the SEC? Would you do it?
Or are we simple victims of a junior high school stock trading club that every now and then gets a whim to dump .50 zulu shares on volumes of two to four hundred?
Let's see--at a Schwab commission rate of $29.95 per trade, plus .03 cents per share for every thousand shares traded after the first thousand--quite a deal, huh? You save .05 on the first thousand. Wonderful!), and ZULU selling at, let's say, .50 a share, that would be a $100 sale, plus $29.95 commission; at 300 shares it would be $150, plus a $29.95 commission; and 400 shares would be $200, plus a $29.95 commission.
Well, you know what? I don't even think a junior high school stock trading club would trade like that. Do you?
Now, in the balance of fairness, why don't you make an inquiry on our behalf. Since you own no shares you can speak objectively on our behalf. Or can you? |
