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To: straight-->arrow who wrote (6572)3/24/2001 10:59:26 PM
From: LPS5  Respond to of 8925
 
"the number of shares bought by someone who only wanted to
invest $1000 including a commission."

IMHO, this is a common reason for odd block sizes observed on the tape - it's called trading at net. A customer gives a dollar amount, and the executing firm does as many shares plus the commission for that amount of shares that can be done within the net number.

LPS5



To: straight-->arrow who wrote (6572)3/26/2001 1:13:47 AM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
I would not touch QDXC with a 10 foot pole, since it looks to be the ultimate penny stock here. This is posted on our web site:

"In our opinion, investors and traders should generally approach stocks that trade less than five million shares per day with great caution as these securities may be subject to extreme volatility and large discontinuous price movements due to their lack of liquidity. Furthermore, it is our opinion that investors and traders should approach all penny stocks, and stocks that are quoted on the OTC Bulletin Board and Pink Sheets, with extreme caution, regardless of daily trading volume."

T.