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.
Technology Stocks : America On-Line (AOL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Captain Jack who wrote (285)12/30/1998 12:08:00 PM
From: Chuzzlewit  Read Replies (1) of 41369
 
I have repeatedly asked this question when comments like yours are made concerning MMs, but on this thread the comments are getting downright insane! There are no market makers (MM's) on the NYSE, they use specialists. Now if you mean portfolio managers, what profit is there in selling AOL with the idea of buying it back the next day? Unless of course if you mean that a bunch of momentum players will bail out in a stampede in order to let the portfolio managers in cheaper tomorrow with a subsequent rise next week. There is only one problem. You can't be assured of anything under this scenario. If you are talking about the managers of index funds, they really don't care. The funds are simply designed to mirror the S&P.

So ---> Precisely how do these mysterious MM's (do they melt in your mouth, not in your hands?) make a profit at this game. And how do they do it using the specialists on the NYSE? Please use numbers and volumes to substantiate your points.

TTFN,
CTC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News