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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: rocklobster who wrote (987)9/7/2000 3:30:13 PM
From: KFE of 1426
 
Rocklobster,

If you traded OTC stocks back then you have a right to be paranoid about market makers. Manipulation and collusion were not uncommon. Three quarters of a point or greater bid/asked spread was not enough for them. Luckily most if not all of these firms have been put out of business. You are not alone, many people were hurt by these firms.

Regards,

Ken
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