Attention ADI Specialists

Quote from bdon:

As long as people continue to enter 20 cent through orders after every nx against the trend the specialist will continue to be able to whip the stock and print in his own favor. This panic attack order entry just hands even more power to a guy who already has the most control.

Well sometimes you have to do that unless you plan to enter and cancel an order 50 times hoping that his Majesty will look favorably on the scum and bless them by giving them a morsel

I have found that on some liquid nyse stocks, if you exclude NYSE on IB smart you get filled much quicker??? Go figure
 
Quote from Arnie:

You have to wonder somedays. I have sent in orders on liquid stocks to take the offer and it just sits there. Its like the don't see the order. Now, I just cancel and use ARCA. Fuck 'em. :D

yeah, all day went trough arca and had almost immediate fills....it's not always the case tho, especially when u want short cuz there's obviously a lot of competition since nyse cunts dont want u there...uptick crap me thinks.
 
Quote from stock777:

Exactly what are you guys complaining about?

Did you buy the gap down , or what?

LMAO Obviously you are a fundamental trader.

If you try to buy a gap down like this your order will be filled before you hit transmit. Actually your fingers will be sucked into the keyboard by the specialist. remember NYSE = We always fill your orders immediately (As long as they are on the wrong side of the action; We will consider filling the others after lunch......... lunch on thursday that is
 
Quote from lp3yc:

LMAO Obviously you are a fundamental trader.

If you try to buy a gap down like this your order will be filled before you hit transmit. Actually your fingers will be sucked into the keyboard by the specialist. remember NYSE = We always fill your orders immediately (As long as they are on the wrong side of the action; We will consider filling the others after lunch......... lunch on thursday that is

yeah, the speed of execution if u are on the wrong side is even faster then on ecns...i think they got an automated fillin' system for losin' orders.

on a note this stuff can be used in our favor...u practically know before hand if u right or wrong and every time u dont get a fill u can ten-fold your size and hit/lift ecns, while get out immediately when u are in with no problems; i've been a touch naive not to do that but from now on that'll be it.
 
You know whats really funny.

When these gap down, theres a bunch of clowns that tell you the spec is robbing the sellers and they buy the gap and sell at a profit on the bounce.

When they keep falling theres a bunch of clowns that tell you only suckers bought the gap.

LMAO.
 
You know this thread got me to thinking. I sometimes wonder if the specialist is NOT gapping a stock like ADI down as much as he could, due to all the traders playing the Open. If you know they're a lot of sells, wouldn't it make more sense to gap it down some, then flash some bids .20-.40 lower to scare all the traders that bought the open and panic them out, pick up more shares on the cheap for a quick upturn.
 
Quote from Arnie:

You know this thread got me to thinking. I sometimes wonder if the specialist is NOT gapping a stock like ADI down as much as he could, due to all the traders playing the Open. If you know they're a lot of sells, wouldn't it make more sense to gap it down some, then flash some bids .20-.40 lower to scare all the traders that bought the open and panic them out, pick up more shares on the cheap for a quick upturn.

it's done often, some crap has gapped 40% or more and kept tumblin' hard at open only to rebound strong and get out from valhalla for good.
 
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