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Non-Tech : Simula (SMU)
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To: Noblesse Oblige who wrote (1321)8/25/1998 8:01:00 PM
From: jonpcar  Read Replies (1) of 1671
 
Michael,

What does it mean when you say the trade was cancelled? Are they negating the trade? Or was it an attempt to cancel but it occurred to late?

I am wondering because I bought some SMU at around the 11 1/4 range. As you pointed out, SMU traded at these levels seemingly because the large order came in to sell and there were few buyers. If the sell order was 'cancelled' does that affect any of the subsequent trading?

Thanks,
John
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