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Message: Share price

What do you expect when people insist on buying at the bid? That only serves to drive the price down. MM can sell shares at any price they choose. They don't have to have shares in inventory to sell shares. Naked short sells are legal for MM's. If the only buyers are at the bid then they sell at the bid and lower the bid further. Yet, this is a cherished tradition for the followers on Agoracom.

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Mar 17, 2011 11:17AM
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