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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Dean Dumont who wrote (5206)4/23/1998 11:05:00 AM
From: James Harold Alton   of 19331
 
bgtit, Thanks for that insight. So unless there is a way for a MM to take an extra cut on a sale (such as a market order where he can sometimes raise the offer and make a few cents) he will usually sell at the clients minimum price..hmmm. Is the reason for this, to maximize volume? I guess the question to me now becomes, why would the client, given a choice such as he had this am to sell his shares for 1.656, not instruct his MM to sell at that price instead of 1.56?

James
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