Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: David Colvin who wrote (15124)	6/8/1999 3:47:00 PM
From: Mike Gold	Read Replies (2) \| Respond to of 25548

I believe my blood is beginning to boil...

To: David Colvin who wrote (15124)	6/8/1999 6:02:00 PM
From: on parole	Respond to of 25548

Some large brokerages actually own a market maker and if that particular market maker was short it would be in that brokerage's best interest to delay (forever if possible) you're getting certificates. I'm not saying that is the case with E-Trade David, good points. Many don't realize that E-Trade and these on-line brokers are paid by the MMs for order flow, this is how they make their money! They are sharing the spread in reality with the MM. It is a very cozy relationship. Read the fine print of the agreement and you will see this is the case. The $19.95 per transaction is only enough to maybe cover some basic administrative paperwork.