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To: PartyTime who wrote (10290)1/28/2000 3:13:00 PM
From: J.N.N.  Read Replies (2) | Respond to of 18366
 
Quick question concerning MM's:

Is there a limit outside of the bid and ask price that market orders MUST be filled within?

If the bid is 14 and the ask is 14 1/8 - what is the allowable high and low that market orders can be filled?

I've seen trades $2 outside of the Bid & Ask.

Call me Just Curious.



To: PartyTime who wrote (10290)1/28/2000 3:13:00 PM
From: IEarnedIt  Respond to of 18366
 
Yes

:-)
JD



To: PartyTime who wrote (10290)1/28/2000 3:42:00 PM
From: RKHIII  Read Replies (3) | Respond to of 18366
 
PartyTime: I know it's real hard to stop thinking about news coming out, and I know you didn't outright say that, but please be careful in your wording. Most people wouldn't go back and read the "...in the event..." part of your message. They simply see "...Monday...news.." and the hopeful stuff starts flying without restraint.

That's EXACTLY what shorters look for in these boards; unbridled and mostly unsubstantiated optimism, combined with an unbelievably step price rise. You've seen, all too clearly this week, what happens then.

So, thanks for your enthusiasm, but please try to keep those shorter buzz words in check. RK