View Single Post
  #4  
Old 11-09-2007, 06:15 PM
Foghatlive Foghatlive is offline
Senior Member
 
Join Date: Oct 2005
Location: Manhattan
Posts: 482
Default Re: Question about NASDAQ Market Makers

Thanks for the info, Stephen.

Notice how this gap bypasses the $50 mark. My guess is that the MMs were short and collectively made the decision to skip $50, so, they wouldn't have to take on all that inventory from stockholders who set stop losses at that price.

Reply With Quote