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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (11549)8/23/2002 12:54:27 PM
From: Dale Baker  Respond to of 16631
 
Nope - BB stocks, they won't display accurate bid-asks, the MMs show they are there and nothing else.

Makes it even more of a casino.



To: re3 who wrote (11549)8/23/2002 1:00:20 PM
From: The Vet  Respond to of 16631
 
Trading days - settlement should take 3 trading days.
The MMs do not display orders either to buy or sell regardless of size. They also often ignore or fail to fill orders to buy at or above the Ask or orders to sell at or below the Bid even though that is actually against the rules. By doing this they can easily manipulate the prices and present a deceptive view of the market to the public.

However in this stock the naked shorting has been so obvious that the company has got the watchdogs sniffing and I suspect something will have to give. I have PM you an interview with the company on this (it is a bit long) if anyone else wants it I can post it here...