+ your own words And, remember, the MM also has a lot of inventory of IPO's that dropped from the first day. Very few like BIDU. my words-any excess or unwanted inventory is dumped in normal MM operations." i suggest that you read up on marketmaking. it will prove helpful. i will read an ipo prospectus to review how overallotments are handled and market stabilization is handled. good luck.
use the "search" function in the upper right hand corner of your screen. I used to be a nasdaq Market maker so ask me if you have any questions about that. Makret making for equities especially nasdaq has been all but eliminated due to the popularity and low cost of ECN's...