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.

Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (14358)	4/14/2005 11:54:28 PM
From: Sarmad Y. Hermiz	Respond to of 25522

>> You've seen what happens when you get 3,000+ shares or so in the middle of a computer ping pong contest. An example of the deck-stacking is the rule that allows a specialist 30 seconds to undo a trade if price goes against the house. Basically the hapless retail trader offers shares at a price. The specialist "provisionally" buys them, and removes them from the order book. If he can sell them higher within 30 seconds, they print a fill. If they can't, they undo the trade, and all you know is your order is still pending. That is not only legal in NYSE, but now NASDAQ is trying to get SEC approval for NSADAQ market makers. This is the real scam.