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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: steve goldman who wrote (3982)5/6/1998 2:31:00 AM
From: LzzrdKing  Read Replies (3) of 12617
 
The reason ENMD did what it did was due to one wholesaler who will go unnamed, who had a lot of market orders at open. That wholesaler put some large bids on instinet before the open, did not get filled on much and ran this thing up big while going short on the retail orders.

As for your previous post to me on that order that you did not obey and made your customer happy, if you think that is proper, I bet the SEC doesn't. There is no excuse for disobeying a customer order. I don't care what happened later.
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