Lance B's : Its A Beautiful Thing Message Board

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Technology Stocks : Lance B's : Its A Beautiful Thing

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To: Wayne Rumball who wrote (1302)	11/19/1999 1:51:00 PM
From: Investor Clouseau	Read Replies (1) of 4792

update on my Chinese momo fiasco with TRAC. Spoke with a supervisor a few minutes ago and was told that even though I cancelled my order yesterday, and the order was removed from my MyTrade screen, they have the right to execute anyway. As long as it's done before the market open the next day, IE. today. It's only a small loss ($1200) but it's the principle of their operation that I don't like. IMO, it's just bad business to completely alienate someone like me who will pay them $3000 this month in trades and services. This should serve as a warning to all momo players that if they use MyTrade they may be stuck owning something and not know it until the next day. Of course by then the stock has tanked and you're the one left holding the bad. I'm disappointed in TRAC, I really thought they were different. :( IC (glad I still have my other brokers)

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