All of you guys are correct on the above topic, but do you guys see these stockbrokers as, first humans and then Nigerians, they are there to make money primarirly, without minding whose ox is gored.
The system is so non transparent that you will be shocked. This is how I think it works, based on a personal experience, you order a scarce stock and your broker is laughing at your back, struggling to buy his own first, and after the stock has appreciated a while and you are still interested, he will want to know if you re ready to buy at the new high price, and if yor are like the average Nigerian you will say yes, they the same broker goes on to offload the - yes the stock he bought cheap to you !
Its a dog eat dog world and there's nothing you and me can do about it , at least for now.
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