RE: Loool Istinet"how stupid must someone be to put a stop-loss in the system so the MM can see it. And that after all the manipulation which was going on the last weeks. Dumb...very very dumb "
First of all, MM's can't see anybody's stop losses....they just don't have that kind of power..... They are tasked with providing a bid and an ask to ensure liquidity. They are not given godlike powers, with the ability to see all the stop losses in the system. The stock crashed because it broke a crucial support barrrier.
But more relevent to EC, there are no market maker's for any stocks on the Venture, only the main board.