|Hi Ron, |
Did you notice that that "Limited Protection Policy" has been postponed? I am probably wrong, but the way it see this policy working is if someone has a low limit buy price or a high limit sell price and the stock price hits that limit price, the MM have to honor the customers limit order rather then buying or selling their own stock at that price. I see at times where someone has made a mistake and entered a limit buy or sell order with a price that is way out of line. I always figured that the market maker got the benefit of the mistake. There must be more to it than just that.
"Even though it has turned out to be a lemon as far as stock price goes, it looks like it is going to turn out to be a gem as far as a company goes.;-))))))))'
You said a mouth full there. All of the BBs are down so far that they will be at zero if they drop any more. Hopefully the market will turn soon and the prices will go up to a more realistic price based on underlying values.