getting a piece of the specialist fines

Discussion in 'Trading' started by Steelhead, Mar 30, 2004.

  1. any scalpers out there plan on trying to get some of the settlement dough?

    how are you gonna go about doing this?
  2. so how are you going to get it if you don't even no how to get it haha. there is noway we will get a peice of that because we can't prove it. its a big joke the only people who will see that money are the big funds.
  3. Mecro


    Not even,

    The lawyers will get the biggest chunks then the upper management of the funds will get nice bonuses. Not even mom & pop investors of the funds will see anything, maybe a few pennies.

    As for scalpers and traders, specialists can outright break a law with manipulating your trades and there is NOTHING you can do. You can try calling but they will come up with a bunch of BS excuses, claiming "best price" most of the time.
  4. yeah thats what my initial sense was on it, but somone mentioned i might try because i scalp a whole bunch of 1 of the stocks mentioned