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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%Nov 28 12:59 PM EST

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To: Eric D. Moody who wrote (16068)9/4/1998 12:33:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
If you enter a limit order with an online brokerage and the stock reaches your limit, is
the broker obligated in any way to execute the order at that limit price.

Thanks in advance for your insight,


Eric,

Not really. It is possible there are other limit orders pending prior to yours. More often than not it is not a problem and if you are selling and the bid hits or sale price or buying and the ask hits your slae price, it will excute. If the bid or ask just touch those points momentarilly, you will not get filled if there are others before you.

Glenn
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