December 28, 2012
when a trader can sit on both sides of a stock and it has a 1 or 2 cent trading range ie bank of america or siri satalite and trade millions and millions of shares there is something wrong. the sec and nasdaq should admit it was wrong and if not go back to fractions, atleast widen the spread so these automated systems and liquidity traders will have some risk they have to take. its a no brainer thanks todd. ps i could write a book about how decimals have destroyed the mkt