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Biotech / Medical : Cistron Biotechnology(CIST)$.30

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To: scaram(o)uche who wrote (1343)8/6/1998 10:57:00 AM
From: Walter Morton  Read Replies (3) of 2742
 
Buy 500 shares for 15% below the ask?

How is it possible to buy 500 shares 15% below the asking price. I work with Waterhouse Securities and I almost always have to buy at the ask or the purchase will never take place.

The only time I can buy below the ask on a penny stock is when the stock is about to drop by about 30%+.

What is your experience? What is your explanation?
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