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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: John Harty who wrote (533)4/15/1999 11:55:00 AM
From: WallStreetTips  Read Replies (3) of 1125
 
MXNT >>> Same thing happened to me too.

I placed order to buy 5000 shares at market when ask was $5 and it got executed in small chunks from $5.50 to $6.75
So what I did was to test out placed a sell order and it got executed at $5.50 when the bid ask was $6 9/16 to $6 5/8

I am telling you that MM is playing games here so let us be very careful. They are trying to notch shares at low price. They hike the spread bigtime to rip us off.

Just my views.
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