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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Smart_Money who wrote (41438)7/22/1999 12:26:00 PM
From: moby_dick  Read Replies (1) of 122087
 
Smart Mon - yeah - you have to be real carefull with the OTCBB's A market order puts you at the mercy of the MMs. I entered my orders at the open for EDIG. Knowing the MMs, I set the teo orders for 5000 at $2.20 and 5000 at $2.25 even though the stock was at $2.10 at the time. Well, later I got confirmation that the latter order executed at $2.23 and the first order was still open. I quickly changed the second order to $2.25 and it executed there. Those bastards will screw you whenever they can.

Moby.
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