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Microcap & Penny Stocks : MDMI...The Little Italian Bakery that Could

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To: TraderGreg who wrote (19)5/21/1998 10:27:00 AM
From: KZAP  Read Replies (2) of 54
 
I contacted NDB and basicly demanded my orders for stock
be represented on the real time quotes.
I have an order in for 25k of MDMI @ .06, as you know the
quote server shows the bid as .04. I called NDB and was told
that they didn't have to honor any bids over 10k shares, so, I
put in a order for 8k @ .06 still the same, no bid change. So,
I put in a order for 5k @ .06, still no change. I get back on
the phone and ask them again why. This time I'm told that the
mm's have the right to refuse to notice my order. Which they
are and have been. In other words, this stock is hard to trade.
No one is working with this one. I think the mm's are keeping
the spread large to make the profits.
Just noticed a 5k trade @ .08 exacute.
Well, I don't like it. If you put in a market order to buy it
will cost you. 100% spread.
PKGP is trading for hundredths of a cent. And lots of buys and
sells. That's the market huh?

Happy investing!

KZAP
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