Re: locking up your shares.
posted on
May 27, 2008 07:50AM
I agree...and good post also ALIBLABA. I just wondered though...if I try to put up a high sell order, my broker (TDWATERHOUSE) puts a limit or cap on my asking price. Is this a way for big brokerage firms to limit an increase in SP so that they can then get ahold of somebody's inventory of stock...and then short it? I'm assuming this limit or cap that is imposed is a way of getting one to sell to soon and grab control of your shares...so they win out if the SP goes higher, and they can then short it (if the pice goes lower). It then becomes a win/win for them. I hope this is somewhat clear. Anyone have any comments on this?