Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: proud dad who wrote (91092)	8/26/1999 8:55:00 AM
From: Alicia V. Johnson	Read Replies (2) of 119973

Re: NDB. I've used the firm for the last six years and have never had any problems. My trades (Nasdaq) are executed immediately (1-3 seconds). The 90 restriction is either related to Reg T (you purchased stock and didn't have the funds in your account by T-3...or you day traded in a cash account and used the gains from that trade to purchase a second stock. The latter is an regulatory rule. In additional, recently, NDB has begun offering price improvements. In fact, 5 out of the my last 6 sell transactions (which were market orders) were executed at higher prices...from 1/32 to 1/8 of a point.

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