Cents and Sensibility - Kimberly and Friends' Consortium Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Fortune who wrote (41367)	12/8/1999 7:58:00 PM
From: KevinMark	Read Replies (1) of 108040

Either one of 2 things. 1. Some stocks are not "SOES"able. Therefore, you received that message. Less than 5% aren't. Probably more like 1-2% aren't. Nasdaq and the SEC determine this. More than likely it wasn't SOESable due to how thin it is. Very small float. 2. You placed a SOES order when only ECN's were on the bid or ask. More than likely, #1 applies here, because I never saw an ECN on the bid/ask until volume started pouring in. A very difficult fill for me as well. In such a thinly traded issue, you almost certainly have to go above the ask with a limit to get filled, when only MM's and no ECN's are present. Happy trading.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next