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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (1665)	10/22/2001 3:05:07 PM
From: stan_hughes	Read Replies (1) \| Respond to of 11633

Kastel - Not that Wall Street isn't seriously overrun by cockroaches itself, but you can understand FIDO's complaint. I can remember times when guys in my office would blatantly walk around taking individual orders to buy call options on stocks that would be announcing takeover deals after the close. The accepted procedure in the office was to share info in order to prevent guys bidding against each other as they each got tipped off. Someone would be given the job of ganging all the buys together and then getting one of the floor traders to buy everyone's calls at the same time. By making it look like a single plain vanilla trade, the market maker wouldn't catch on that we knew what he probably knew anyway. They'd split the ticket up into individual accounts back at the office. Piece of cake. Oil and gas stocks were notorious for leaks, still are. It's an unfair world.