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Post# of 45565
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zeninvestor32

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zeninvestor32

Re: None

Wednesday, 03/23/2005 12:24:54 PM

Wednesday, March 23, 2005 12:24:54 PM

Post# of 45565
FASCINATING (BUT COMPLEX)

I really don't know where this Jay_Adobe came from but I have never claimed to be an expert and am very willing to learn even more about the market. He is providing some very interesting fuel for thought. This whole vwap and "riskless" transaction stuff is new to me. My guess, however, is that cmkx is in a unique enough situation that perhaps it is being used simply out of emergency's sake. But then again, I wouldn't be surprised if it were a fundamental part of manipulation overall. Who knows. What I do find odd is that following the suspension, this information suddenly appears. It seems logical to me that somewhere these transactions are appearing but invisible to us while very visible to those on the inside.

Lines like this really make me wonder just what the F is going on:

"NASD rules do not prohibit Market Makers from reporting trades at two different prices of what essentially is a riskless principal trade, assuming of course the Market Maker is complying with best execution obligations."

Read that and more at this link provided by Jay_Adobe:

https://www.nasdaqtrader.com/trader/2000/technicalupdates/083000ntm65.pdf

Jay_Adobe, whoever you are, please keep posting. At the very least, I'm learning some new things. If they happen to be true, then perhaps the first realistic explanation of all the BS we've seen for 7 months now at .0001 could be coming to light. Thanks again.

Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.

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