Well done cerhob,
Twice in 14 years...may your trades be just as successfull.LOL
A 52 to 57c is not a fair spread really now is it?
I am not saying there is anything underhand or devious about it...just that it is contrary to what Rondog was told. I think 10% on a 5c warrant is fair but not 50c.
Yes...there is too many victims...mostly of our own foolishness though. Gees, I can stuff up a trade easy enough without any help from the MM's.
I haven't been burnt (yet) in this fashion but have read many examples. Rembrants was the most exhaustive and detailed as to how and why.
As you find it a bit one sided with too many victim complaints, I have been bemused at the lack of support for any one complaining of harsh treatment at the hands of the MM's. Any such post has usually ended with the inference that it was the traders fault or stupidity in the first place.
And just for the record the warrant was trading at .8c bid 1c ask at the time from memory until I/vol reduction.
cheers
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