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Non-Tech : JB Oxford, Lombard, Etrade
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To: Samuel Atere-Roberts who wrote (119)12/9/1996 11:53:00 PM
From: Matt Nickels   of 396
 
I have had situations similar to yours, and not as often better prices
than expected on limit orders. As long as I am on the subject of griping, often limit orders to buy not executed unless the stock happens to drop so the limit reaches the ask. Example XYZ bid 21 1/2 ask 22. I put limit order to buy at
21 1/2. Not executed all day, or stock drops to 20 1/8 and I buy it at 21 1/2. This happens with all of the brokerage firms from my experience.
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