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.

Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future. -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (1257)	1/14/1999 3:28:00 PM
From: Gator	Read Replies (1) \| Respond to of 5300

Most of the MM's don't short on purpose, they're just trying to fill orders coming from other brokerages. For example, if I want to buy 1000 thru Waterhouse, Waterhouse calls up one of the MM's to buy the shares. The MM will sell shares to Waterhouse (even if they don't have any inventory of shares) to keep the business (and commissions) coming their way. Now, the MM is short 1000 shares. If they don't sell the shares to Waterhouse, the next time a buy comes in, Waterhouse will take their business to another MM. Gator