ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY Message Board

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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY

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To: steveK. who wrote (1949)	4/30/1999 11:54:00 PM
From: Tradewinds Tech	Read Replies (1) of 2909

Steve, you are almost certainly correct in your analysis of what happened. If a 100k block trade happened at 55 cents while bid and ask were 20-25 cents higher, then someone got taken to the cleaners. Even some folks who think that they are sophisticated investors, don't know the difference between a "market order" and a "limit order". Would it help support BETT's price, if more BETT traders (both long's and day traders) understood the difference? If so, someone wiser than me needs to explain it. I like to think I'm a clever guy, but there is lots of stuff I don't know. For example, I didn't understand Lord Ernie's comment earlier today, about MM's pushing the price down to "get to the stop-losses". (Lord Ernie, can you jump in and help us all understand this concept?) I also find it interesting that (I think that) my AOL screens were showing 55 cents as the low for the day, while Silicon Investor still showed a trading range for the day with a low of 68 cents, hours after that 55 cent transaction supposedly took place. Who's data do you trust?

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