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Non-Tech : JB Oxford, Lombard, Etrade

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To: Rarebird who wrote (317)8/14/1997 4:57:00 PM
From: Bikergirl   of 396
 
RE: (Bob, you don't give up do you? I'm saying again that on OTC trades I get my buys at
the bid and my sells at the ask. I place limit orders at all times with JB and they get
filled quickly. To be sure, I don't trade 300 times a year like you and I don't place
market orders like you so I can get taken on the spread!)

Congratulations, Rarebird. If you are buying at the bid, and selling at the ask on Nasdaq stocks, you must be a Nasdaq market maker. This makes you extremely well off. However, I doubt this is the case. If you are an individual investor, what would be the point of a Nasdaq market maker filling your buy order at the current bid? They would not make any money. Please do a little more research on how the Nasdaq market works. It may be that you are placing limit orders, and the ask price moves to your limit. Please do not post inaccurate information on Nasdaq trading. Inexperienced investors will read it and think they can buy at the current bid, and sell at the current ask, WHICH IS NOT TRUE FOR OTC. Thank you.
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