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.
Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Mar 6 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BigTex who wrote (1825)8/27/1998 6:11:00 PM
From: David Sirk  Read Replies (2) of 5908
 
Double print is very simple. One of the selling points that the Nasdaq has is that they tell you that they can add the apperence of more volume to your particular stock. Often time's with the Nasdaq the MM's will sell a stock back and fourth to each other. When they do this the stock shows up as a buy and a sell even though no stock was sold to any individual investor. Some times MM's work together selling the stock back and forth to each other to give the impression that something is going on with the stock but in reality it's just the MM's manipulating the market. I don't have Level 2 yet{ hope to get it soon}, but with some level two services there will be a code that will let you see which share's are being bought or sold to another MM. This is one reason Level 2 is so important. You could be following the tick by tick action and you then you see a huge block go by at the BID or the ASK. You might think that this is a trend and buy or sell based on that large move. That's just another way that they get your money. It's a cat and mouse game and the less you know the more you loose.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext