Web Street Securities (WEBS) Message Board

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Non-Tech : Web Street Securities (WEBS)

WEBS 18.51

+7.7%

Oct 30 4:00 PM EDT

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To: Walter N. Schreiner who wrote ()	5/1/2000 4:36:00 PM
From: blast_investor	Read Replies (1) of 1339

Annoyed by the limit order restriction. Just try to place a GTC limit order to sell MAXY at 99. The order was not allowed due to "limit order price has to be within 100% of yesterday's closing price. Yesterday MAXY closed at $42, today closed at $60, $100 is within today's 100% range of $60 price. Actually, I don't like 100% range restriction at all. The restriction of should be abolished. In the current crazy mkt, a daily jump 50% - 100% is very likely. Actually, MAXY jumped today around 50%.

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