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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology

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To: mike machi who wrote (469)3/16/1999 10:50:00 AM
From: Don Pueblo  Read Replies (1) of 1197
 
The firm may have done nothing wrong. You are not the only person that missed an execution at a limit order. It happens all the time. If, for example, you order was behind another 20,000 shares (at whatever lower price), and the stock traded less than that below your limit, (moving fast) it is possible you just missed it. Unfortunately, you will probably never know what actually occurred.

Could you have gotten filled for sure using another method of entering your trade? Probably, if you were flexible on your entry price and very nimble with your mouse or telephone. If you want to try and ensure that you don't miss these things, the only two ways I know of are to have a full service broker on the phone who can get the instant execution, or try opening an account with somebody that has Level Two capability, such as abwatley.com

And even then, you can miss the trade. It happens all the time.

(and no, I don't have an account with watley)
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