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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: LPS5 who wrote (9496)7/13/2000 1:21:04 AM
From: aldrums  Read Replies (1) | Respond to of 18137
 
Thanks for the explanation on ECNs and regional exchanges.

I guess I am missing something here, because I wasn't kidding, if I am guaranteed to get $73.50 for my Paine Webber shares and I can buy the stock at any less than $73.50 tomorrow, the difference between $73.50 and the amount I bought the shares at would be a guaranteed profit.
How could the stock open at a lesser amount? Why would anyone sell for less?