SI
SI
discoversearch

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.
Non-Tech : The Woodshed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bert who wrote (16423)11/10/2004 2:44:29 PM
From: que seria  Read Replies (2) of 60908
 
Bert: I've generally moved away from limit orders on these OTCBB stocks and use market orders, in small enough size that I can see where my bid will be entirely or mostly filled from displayed asks. That way I don't get partial fills and the MM can't use the OTCBB rule that allows the MM to decline (read: delay in filling) limit orders as it chooses. Sometimes I don't want to wait for enough to show on the ask at a price I'd pay, and I use a limit--often into the asks, as you just noted.

The MM can still fill the displayed ask(s) ahead of me (for his own account or others), and that has occurred. However, I've only been nicked rather than $%#$^#$* doing that. I don't try that with a large order, of course.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News