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Message: RE: Stuck on .33 - HotRod

RE: Stuck on .33 - HotRod

posted on Jan 05, 2005 09:27AM
While I hear ya, it`s not ``someone`` putting in the order, but one of the MMs. Don`t know if it really makes any difference, and of coarse FLCR is representing ``someone``. On the other side of the coin, other MMs could bump up the bid/ask, but based on what, no news, but just info only they are privy to? I`m not even sure the MMs have such visibility of the orders in place and in the hands of other MMs. At our PPS, the MMs only have to reveal that they have 5,000 shares of inventory/orders available (at least to us ``general public`` types). Further, the MMs won`t move without orders, or at least a ``feel`` that trades will occur at the increased values. With no basis (i.e., news) for the ``general public``, that ``feel`` may be absent.

And of coarse I KNOW nuttin`!

SGE

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