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Technology Stocks : KEMET Corp. -- Ignore unavailable to you. Want to Upgrade?


To: techtonicbull who wrote (476)8/7/2000 1:15:52 AM
From: WTMHouston  Read Replies (1) | Respond to of 906
 
I agree but if it was a seller, I should have been able to buy those shares at $23 5/8 instead of anyone else who was bidding less. If it was a buyer, he should never have been filled since there were others bidding more and the ask never got anywhere near $23.

It was probably a seller. Not only did s/he get screwed, so did those of us who were bidding more than $23 at the time. Market orders do (should) not get filled lower than the best bid or higher than the best ask: at least not when there is someone other than a MM or specialist, who may move the bid or ask just to screw the poor sole who placed the market order, on the bid or ask.

Troy