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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (7951)8/22/1998 1:41:00 AM
From: Amigo Mike  Read Replies (1) of 29382
 
Hi Max,

If you weren't aware ..... on the NYSE the specialists take orders from large investors and institutions whereby the order is executed "on the close". It is pretty much a market order .... with the exception that it does not fill until the market close.

This is likely what you saw.

Amigo Mike
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