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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (539)8/13/2000 7:54:31 PM
From: LPS5  Read Replies (2) | Respond to of 1426
 
My memory is intact, thanks. :)

Now: while the 21(a) report rather conclusively showed evidence of collusive, anticompetitive activity among a number of OTC dealers, I'm not sure that I'd use the term "conspiracy" to describe it. But that's a personal assessment, and I'm not prone to melodrama.

I'd also be careful, Mr. Walking Down, whose conspiracy theories I hitch my wagon to. I don't believe that it's a coincidence that most of the whining and suspicion about the "targeted oppression" of certain issues comes from avid fans of OTCBB stocks, LOL. That factor alone should give pause to any critically thinking individual.

To adhere, however casually, to most of the silly conspiracy manifestos - such as those which are currently in vogue on the message board circuit - is to risk passively flying the "blame the market maker" flag on behalf of those who are paving the way, actively or constructively, for continued fleecings of gullible and/or uninformed investors.

Educated, information-receptive skepticism is the way to go, in my opinion.

LPS5



To: Wayners who wrote (539)8/16/2000 7:36:31 AM
From: Pierre Borczuk  Read Replies (2) | Respond to of 1426
 
I think there is still some sort of conspiracy against traders...

Why should a mm ever display a size of 1 on level 2 ? Who would ever want a 100 share fill on most stocks? While the majority of the time they will fill more than 100 shares in my experience (recollection bias , small biotechs) is that 1/3 of the time they partial fill you with 100 and ignore all or none orders
Pierre