Anthony @ Equity Investigations, Dear Anthony, Message Board

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

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To: Diana who wrote (70585)	4/24/2001 12:56:42 PM
From: Jim Spitz	of 122087

Diana, If you don't trade too many OTC stocks, NDB is usually pretty good. They just seem to skim a little sometimes. If I place a market order on a NAZ stock with a small spread, I can often get better than the ASK price, but I see the trade listed as traded at the bid. So they make the spread a little smaller, I usually am after more than a few cents per share, and I got better than the ask, so I don't complain. If you are looking for a good broker for OTC stocks, then a full service broker may be better for you because you can bug him/her to get the whole trade done for you. Sometimes I call NDB and let them know I am watching time and sales to see how it is trading. I often get the rest of my fill. Once, though, they took about 273 shares and executed it (out of 20K I wanted to trade) and the rest sat for about a week before it filled. Of course, that was not a day only trade. OTCs are a different kind of animal and need to be looked at differently and traded with care. I got really good service from a full service broker. Stay in the Black! jimS

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