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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (22162)1/25/2000 4:54:00 PM
From: Susie924  Read Replies (2) | Respond to of 150070
 
Can anyone help me? I had a limit order in this morning for about 4hours to buy SHCC at a limit of .25
It was never executed by DLJ Direct and I am on the phone with them to find out why. The answer I am getting is that until about 10:30 there was a "locked market". Then the ask was .255 for awhile and then when the ask went back down it was a "locked market" again.
I asked him what a locked market is and he's not sure! I'm on hold right now.... and I figured I'd throw it out there for some help.
TIA



To: pater tenebrarum who wrote (22162)1/25/2000 7:35:00 PM
From: SBerglowe  Read Replies (1) | Respond to of 150070
 
Hello Heinz,

We've spoken on other boards....I, too was trying to buy LITh. I went in early this morning with a limit order of .72. The stock was trading at .69...after 45 minutes when I still was not filled I cancelled the order. I did not receive an "out", so I phoned my broker, and asked what the h was going on. Finally, I got an out, and then bought the stock over the phone within minutes. Your observations are correct that the BB market leaves much to be desired. I, too have normally been in to the bigger stocks, but a lot of 'young companies' are very exciting, and I note that many of the big players are there. It really is a problem because of the inefficient trading and the cheating that goes on with these market makers.

P.S. I think we have a really exciting stock here.

Susan Berglowe