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Non-Tech : myTrack service from Track Data -- Ignore unavailable to you. Want to Upgrade?

To: JamesB who wrote (406)	3/17/2000 10:34:00 AM
From: PEWD	Read Replies (1) \| Respond to of 571

james - suggest you contact hosts in channel 9 for more info on how bb stocks operate i never trade bb's so cant address your questions. pewd

To: JamesB who wrote (406)	3/18/2000 4:50:00 AM
From: Tom Allinder	Read Replies (2) \| Respond to of 571

James, could not agree more... It took me 5 trades to get out of 15K shares of a .50 BB stock on Friday. The bulk of it filled on a MO for 8K... which did not get filled until .469 It is simple: TRAC is being forced to do what Herzog wants them to do. Herzog does NOT NEED TRAC's business... in fact TRAC and their myTrade thing is a nuisance more than anything. IT IS financial suicide to continue to use myTrade... Friday, 17 March was a nightmare... selling sinking stocks that I have large positions in 500 shares at a time... having to wait 90 seconds to enter another order. If a stock is moving up, Herzog does not fill... if it is moving down, Herzog does not fill. Only when the stock is not moving will Herzog fill... I have lost at least $100K in profits the last 3 weeks cause I CANNOT get out of positions as a stock is moving up and CANNOT get out of a stock that starts to move down. myTrade is a TRAP. Example: I bought TREY in the .40s and .50s... I sold only a little in the .70s and .90s.... when the stock had the huge runup to 1.68... I got out of only 2500 shares. I tried all morning to get out of at least half my position on the stock (I had 25K).. but the stock closed that day in the 1.teens and I was only able to get out of 2500 shares with limit and market orders... the stock kept moving slowly down through limit sells with no fills... my one market order got filled at the low for the day after being open for 2 hours. If a stock starts to break out on volume (Example TALL 2 weeks ago), I place 10-20 orders well ahead of the movement and seldom get more than 500 or 1000 shares filled... I had a dozen orders in for TALL that morning that it moved from .40 to over a dollar.. I GOT NO FILLS with limit orders .05 to .10 over the offer price. Tried to buy RNTK which was breaking out slowly on Friday... started "buying" when it was 2.125 offered. Did not get filled on bulk of position until 2.25... then in the afternoon when the stock pulled back, buying more 500 shares at a time... This is ludicrous for someone who has a 6 digit account value. I have called trading at myTrack many times and the last straw came when the trader I spoke to told me that I was wrong about all the things I have been complaining about for weeks. Not only did he tell me I was wrong, but did so in a very sarcastic and disrespectful manner. Traders at myTrack have CONSISTENTLY denied that I am having these problems. Finally, it is interesting that when I have positive feedback for TRAC, I CC the email to Barry Hertz and he responds... BUT, when there are problems, HE NEVER RESPONDS. All Barry and upper management care about is TRAC stock price and BS PR about how many trades they are doing a day. The fact of the matter is... all those trades are myTrack customers like me trying to buy a decent amount of shares... 500, 1000, 2500 at a time.... now we are down to 500.... and spending $1000 a day on commissions to trade OTCBB stocks. Soon to be former myTrack customer, Tom