SkyMall (SKYM) Message Board

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Technology Stocks : SkyMall (SKYM)

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To: Tevyah who wrote (143)	12/26/1998 6:54:00 PM
From: Craig Rogers	Read Replies (1) of 987

How I understand it is that market orders always get filled first then limit orders. So if the price moves on the market orders the limits sit there till the price hits the limit again. When a stock is moving as quickly as SKYM was how can you expect a limit to be executed? I think the problem is the small float. When the stock price is really moving there are too many sellers or buyers at the time in queue. All I know is that I sold it at 12 1/4 and it got filled at 9 1/2. So you are saying if I said sell it at 12 I would have got my price. I doubt it. I think that they can hold a market order up to three minutes if they want to. That really sucks! Craig

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