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Its Sinbad...... the comedian....once everyone realized hes not funny he is afraid to trade more than 100 shares.
-------Original Message-------
From: realtraders@xxxxxxxxxxxxxxx
Date: Friday, June 06, 2003 03:28:54 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] small lots
Ok, I give up ... I've been trading for 35+ years and I still can't figure out who in heck buys all those 100 share lots I see cross the board every day. Even a $2.** stock! Now, if someone is paying $10 per trade and buys 100 shars of a $2.00 stock, they are paying 5% in and 5% out. A hell of a handicap to make any money. I realize that the market maker sets 100 share size up to control, (to some degree), the bid ask but I'm talking about dozens and dozens of 100 share lot trades. Any sense to this for this old geezer? :))BobTo unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
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