Market Makers - What They Do and How They Do It Message Board

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Non-Tech : Market Makers - What They Do and How They Do It

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To: Jack of All Trades who wrote (161)	2/5/1999 12:05:00 PM
From: Richard L. Williams	Read Replies (2) of 429

99% are not kosher. They will trick you into buying and dump heavy on you. The market is not orderly like the NASD. I tend to agree with you, Jeffrey....that's what makes it tougher for the legit companies that are doing everything right as they try to get out of the OTC:BB dungeon. Look at HTSF today: The biggest news announcement in this company's history was met with a nice wave of buying....so far, so good. But as the buys came in the ask was walked DOWN. Hmm, what's that about? Buys are outwieghing sells by a 3 to 1 margin, yet we are only up 1/32 for the day. What's that about? It's totally MM manipulation...it's make me angry, mad, and slightly sick to my stomach. The MM's don't want a stock to go up, it doesn't. Period. End of story. It's past time to get the human quotient out of market making. This is a job that a computer could do quite handily. DOWN WITH THE MM'S! Rick

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