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Rofin-Sinar Technologies Inc. Message Board

  • davebugs davebugs Feb 6, 2013 10:33 AM Flag

    Hey - guess what? RSTI MM's are THEIVES

    I had several sliding stop orders in from yesterday for .25 down. All my accounts that I had increments of 25 but less than 100 trading shares that I put sales in on. Getting all my green holdings of RSTI into nice 100 round lots.

    Posted LOD is still 25.74, however mine executed on both sides of 25.00. Like 2-3% I got screwed out of. Enough for a rather nice night out on the town.

    The explanation is exactly what I expected, "thinly traded, odd lots", etc. This on a day where a new large holding of this stock was announced.

    Yep - I got bent over bad. I make my best money on thinly traded tech companies and this is the worst beating by the MM I recall every taking.

    I thought the spreads were bad on RSTI options where I have actually made money writing calls knowing how large the spreads were.

    Still annoyed - can you tell?

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