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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Jim Bishop who wrote (74363)12/13/2000 8:34:19 PM
From: Wayne Rumball  Read Replies (1) of 150070
 
Unfortunately the 1 cancelled trade was Denny B in the stock pit, 2500 @ 1.50

He was on the phone with HILL, and NASD lawyers all day. First NASD was very interested and thought he had a good case. Then they did an about face and said good luck, go to arbitration, but you won't win.

Anyone care guess what would have happened if, after the 20 mins it took HILL to cancel the trade, the stock was at $1 and not $4.50?
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