TSXV:CLAS.H - Post by User
Comment by
KingWhatsion Nov 10, 2010 8:01am
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Post# 17685235
RE: RE: RE: RE: RE: RE: Do I see a Cup
RE: RE: RE: RE: RE: RE: Do I see a Cup"Maybe you should stick to laundry and soap operas!" ???
Only a coward would resort to derogative statements anonymously - to a lady no less. Like irate drivers who finger little old ladies as they drive safely by.
Stock exchanges do NOT own market makers. A market maker is a brokerage firm and there are many. They trade across the financial spectrum. Institutional stockholders and individuals use them to invest in stocks and bonds. Without them there would be no market for us to play in.
Fund managers like Sprott simply call up their broker (MM) and place an order - albeit a very large order. Something like "Start buying AAPL for us. We need 10 million shares within the range of $100 +/- 2%". The broker (MM) will then start using every tool (trick) they have to acquire those shares including collaborating with other brokerage firms (MM's).
These brokerage firms will often help each other out. That is why you see those (e) signals (trades) usually between 100 and 500 shares. They might trade shares back and forth to drive the price up or down. Maybe even their own shares. Yes - they play games, but us clever little guys know all about this and govern ourselves accordingly. You can curse them all you like but that's just the way it is.
There's an axiom "If you can't beat them, join them." Learn to read the charts and profit right along with them. That's what a day trader does. If you're not a day trader you invest on the fundamentals of the company and wait - ignoring the day to day nonsense.
Yup! I'm no where near a stock broker and I admit that I only have a broad image of the inner workings of the market. I'm sure there are others here who know much more than me. If you're inclined, bring on the cowardly insults.
LOL