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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Always Moving who wrote (2152)3/25/1998 10:56:00 AM
From: makin_dough99  Respond to of 34592
 
Tell DLJ they own 4,000 shares of a great company.



To: Always Moving who wrote (2152)3/25/1998 10:57:00 AM
From: Fitz  Respond to of 34592
 
Gary

I would fight this one.
Then transfer your accounts to NDB.

Regards, Fitz



To: Always Moving who wrote (2152)3/25/1998 11:02:00 AM
From: ayahuasca  Read Replies (2) | Respond to of 34592
 
The same thing happened to me a couple of weeks ago with DFNL. I ended up getting burned on that one. My lesson is not to place market orders when a stock is running like that. I suspect you may have to eat that one. I was able to buy this morning GMTID with a market order only because I acted so quickly. I got the email and immediately went to DLJ. The spread was reasonable (I think it was 1/32 b/t bid and ask) so I just put a market order in. I think I got lucky on that though and I doubt I'll do it with a market order again.

Sorry about your trevails but good luck in resolving them



To: Always Moving who wrote (2152)3/25/1998 11:09:00 AM
From: Dan O.  Respond to of 34592
 
Same problem with Waterhouse, placed a large market order when stock was under 2 and got filled at 2 5/8 & 3. I placed it by phone at 10:01. They could not get a confirmation for maybe 20 minutes and it was back down to 2.
They say it was a good trade, and it was my order that moved the market so it was legit. They also say they are looking into it.

Dan O.



To: Always Moving who wrote (2152)3/25/1998 11:45:00 AM
From: Typhoon  Read Replies (1) | Respond to of 34592
 
Gary,

I tried to place my order even before that, finally got through and placed it at exactly 10:00, and was filled 15 minutes later. Likewise, my sell order was screwed up, too. I called to complain and now my buy and sell are both shown as cancelled. I should have made some good money today, but I got shafted again. I have screen captures which say "your order has been placed", showing a time stamp.

Since a lot of people with different brokers got screwed, I think the MMs are responsible. Trading wasn't that heavy - they sat on the market orders intentionally. I will be contacting the NASD if I'm not happy with what my broker tells me.