Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Diana who wrote (70585)	4/24/2001 12:19:50 PM
From: jjeannie	Read Replies (2) of 122087

Waterhouse is much worse. They never fill your complete buy/sell order even though you place to ask/bid prices. They fill your order a small fraction and watch where the price go for sometime and then decide whether they should fill your order completely. For example, I ordered to buy 4000 shares of OPLK at $3.17 (ask price) at 10:37 last Thursday 4/19/01. They filled 300 shares right away ( even though the size of the ask price was 5000 shares) and they didn't fill the rest even though, the ask price $3.17 didn't change for the next 5 minutes and so many trades are executed at the price $3.17 and some are at lower prices. Now, next day it went up to more than $5 and I have lost more than $5000 potential profits. Today, the same thing happened. I ordered to buy 3000 share of OPLK at $4.08 (ask price). At that time bid x ask was $4.05 (1) x $4.08 (50). They executed immediately 1000 shares at $4.08, but they never fill the rest, even though the ask price $4.08 stayed there for the next 5 minutes before it took off. Theses people are all crooks. What I don't understand is why SEC allow this kind of practice happen in the brokerage industry all the time. J

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