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 : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (26494)7/17/1999 7:41:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 74651
 
<OT> t2K - I regard MMs as a *necessary* evil on thinly traded stocks - they can provide the liquidity that ECNs cannot, and as such, they facilitate trading such issues (while manipulating the trading and skinning investors). However, as far as liquid stocks are concerned - I see MMs as *purely* evil. I'm sorry to say, but in due time, once you start trading, you will fully understand my attitude to these parasites. Hope your training is going well, and I'll repeat about the 1000th time: when you start daytrading, go slow, with small #s of shares. Good luck!

Morgan



To: t2 who wrote (26494)7/17/1999 9:10:00 PM
From: taxman  Respond to of 74651
 
"[having graduated from] my [day trade] training"

on a stock if you match the best market maker bid for 1,000 shares and a public shareholder sells 1,000 shares at market, who acquires the shares--you or the market maker?

who would get the shares if the market maker matches your bid (assuming you were high bidder)?

same rules on nasdaq and the new york exchange?

thanks.

regards