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PCM Fund, Inc. Common Stock Message Board

  • blockfrom3062 blockfrom3062 Jun 4, 2013 12:34 PM Flag

    Games being played you can see on level 2 screen

    PCM always has an ask for a 100 share lot 1 or 2 cents below what is probably the real ask price. This seems to be a way to keep sales prices down a little? Sellers might be inclined to set their limit prices below this price thereby giving the market buyer a lower price. This would be effective for a market maker looking to purchase at a couple of cents below what he should be purchasing at. I'm sure this is done for many stocks, but for PCM it seems to be done all the time.

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