Market Makers - What They Do and How They Do It Message Board

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Non-Tech : Market Makers - What They Do and How They Do It

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To: Rob S. who wrote (333)	1/26/2000 8:23:00 PM
From: R.C.L.	Read Replies (3) of 429

Hope someone can answer this Had a limit order to buy 100k shares of a penny stock this am at .06 GTC-- The spread was .05 to .10 -- Looked tonight and saw none of my order filled but of the last ten trades 1 was at .06 and the rest were under .06-- I called my broker and was told that the under .06 trades were probably MM's. I said so what! Dont they have an obligation to fill orders before they can trade under the limit price? Thanks in advance Bob Lembo

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