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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: AUMN: Only the market makers make money these days (correction of prev post)
Trades for U:AUMN on 20120321 - 69 trades displayed
Time ET Ex Price Change Volume
09:54:40 Z 7.69 100
09:54:31 Z 7.69 100
09:54:31 Z 7.69 100
09:53:49 Z 7.72 0.03 100
09:53:33 Z 7.74 0.05 100
09:51:35 Z 7.818 0.128 150

Merely a 100 share "market" sale took this stock from nearly $7.82 down to $7.74? Then, two 100 share sales dropped it to $7.69? The so-called market makers, whose responsibilities are to "maintain an orderly market between buyers and sellers," once again fleece sellers who use "market" orders instead of "limit" orders.

The Amex removes "full disclosure" between buyers and sellers, allowing the market makers to abuse the system through intervention and a mere commitment of 100 share transactions. I can't wait till we qualify for the NYSE.

Silverbull50

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