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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: buckeye3d who wrote (2108)3/10/1998 4:44:00 PM
From: Don Westermeyer  Respond to of 164684
 
Alex,

Actually, NASDAQ MMs do steal money. The way they do it is they make stocks more volatile and then collect a bigger spread due to the volatility. They also often trade with other MMs to give the illusion of liquidity, especially when they know secondary shares are coming up for sale (like in YHOO's case, but not AMZN yet).

There have been several investigations/reports concerning why stocks loose much of their volatility when moving from the NASDAQ to other exchanges like the NYSE. It seems pretty suspicious to almost everybody.

Don



To: buckeye3d who wrote (2108)3/10/1998 5:49:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 164684
 
Re: Market makers. Amazon's are the biggest thieves out there.

I was trying to sell my shares in the PM today. The stock was trading between $82 3/4 and $83 1/4 most of that time.

Ten minutes before the close, the price dropped suddenly below $82.

Eight minutes before the close, I got my sell order @ $83 executed.

Guess this stock certainly isn't for the faint of heart!!!


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News