I was wondering if any of you could share your thoughts on this subject. As a longtime trader, I have always witnessed it, and doubt it will ever change. Nevertheless, some examples are more egregious than others. Despite the money I spend on news services, I fully expect to be a few seconds to minutes late on most every news event...The big firms have incredible technology, direct lines to companies and analysts, and other sources which I don't. Still, this i can live with. Other such instances make me sick. I took a hit in FXEN today on the Nasdaq. Looking through some technicals and other metrics, my partners and I decided it was ripe for a trade down between 12 and 15%, between 10 and 11 AM. Now had a press release been issued by the company at that moment, I certainly would have had no issue with the losing trade...it happens all the time. But when a release was made public by FX Energy over an hour later which disclosed a disappointing oil drilling project, I became enraged. I called FX, and the release was made public at 12:03, well after the suspicious trading in the stock took place. Furthermore, certain named market makers did seem to be flooding the market at what my partners considered to be an absurd price. Please understand: I know that this may simply sound like sour grapes on my part, but I take losses of this size (and larger, unfortunately) numerous times throughout the year, and I never take issue with them. But this situation was different: the number of shares going off after the company had shed 15% of its market cap, combined with the enormous time difference of over an hour before the news came public, have me infuriated. I was just wondering if any of you had any thoughts, or if you had ever been tempted to raise this issue with someone other than your fellow traders in the past. Thanks for any and all input.