Quote:
Originally Posted by sammy the sage
Well the well connected players who can trade before the average Joe....should get a real nice hit today on NIKE stock if they short it...predicting a a bit of dive...after that shoe blow-out last night....sell sell sell
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Your broker doesn't allow pre-market trading? If only well connected players can SELL (short) Nike before the open, then presumably only well connected players can BUY Nike before the open? So the well connected seller is trying to sell (short) to a well connected buyer. Edge - zero (and it isn't reality).
In reality, the well informed small investor has a big edge over the large investor b/c liquidity isn't an issue (i.e., it's easier to sell 200 shares of NKE pre-open than 200k shares).
