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

To: Jim Bishop who wrote (31812)	2/29/2000 10:13:00 PM
From: dkgross	Read Replies (1) \| Respond to of 150070

dave..gotta say I'm pretty happy with WebStreet.... last week I put in an limit order for AREE at .105. For an hour and a half, I watched the ask fluctuate between .08 and .13 without a fill!! When it finally filled, it filled at .105, even tho it closed at .12 for the day... dave

To: Jim Bishop who wrote (31812)	2/29/2000 10:22:00 PM
From: lakers17	Respond to of 150070

Jim... Ameritrade explained it to me today. I was curious to see why I sometimes got buy fills on the bid for a better price not on the ask as I expected. Ameritrade said something like it is a Manning order. Since these orders are done manually if they see a buy and sell coming in at the same price and time they will sometimes fill the buy at the bid to wipe both orders off the books. That scenario I like and I have had it happen several times at Ameritrade the most recent on GONT when it was .50 by .52. I had a limit buy order in at .52 and to my surprise it was filled at .50. The ask never hit .50 that day. Lakers