SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Softbank Investment International (HK0648) -- Ignore unavailable to you. Want to Upgrade?


To: mact who wrote (59)2/13/2000 9:25:00 PM
From: Secret_Agent_Man  Respond to of 615
 
considering the last quote on friday was $2.00 and tonight it's $1.85+ commissions depends on the # purchased...I'd say.



To: mact who wrote (59)2/13/2000 9:34:00 PM
From: high.hopes  Read Replies (1) | Respond to of 615
 
Mact, besides me being impatient . . and imho & somewhat limited experience compared to some of you real experienced traders . . the US MM's usually have about a 10% spread they charge us. Purchasing directly was 3 1/2% and immediate execution.

Catherine



To: mact who wrote (59)2/13/2000 11:01:00 PM
From: ms.smartest.person  Respond to of 615
 
mact, I hope this is correct. When you buy a Hong Kong stock, listed OTC, the price is set at the end of the trading day. The orders are sent to HK and the price is set then. If this is not correct, then someone posted this information and my source was incorrect. It sounded reasonable to me. However, last Friday a.m. I bought China Online (383)[COBVF] and I was given a price of $.03 or $.04 (don't remember). The COBVF closed in HK at 7 cents Friday. When paper work comes in will check and see if it really was the lower price. If we had to wait till end of day, we could be paying double (or worse) and that does not sound correct.

If someone knows something different, please let me know. I will have to wait several days for the paperwork to get to me.