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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: DianaX who wrote (7077)	6/3/1998 1:40:00 AM
From: Kurt_Ruckus	Read Replies (1) \| Respond to of 11850

I'm still up. But I don't know for sure about your question. I'm pretty sure market order go through as soon as they get them. That should be within minutes of placing it. With my online brokerage though, when trading is heavy, it sometimes takes a while and I've seen the price change as much as .5 or a buck in five minutes (on real real heavy trading days).... Just hope they take your order fast. My brokerage is Suretrade and they really suck btw. Kurt

To: DianaX who wrote (7077)	6/3/1998 1:52:00 AM
From: Richard B. Haenisch	Read Replies (2) \| Respond to of 11850

Diana, Hi, I just finished reading your post and would like to explain the mm action when it comes to market orders: If you notice a dip on real time quote and you place a market order trying to get the price you see, you are still at the market makers mercy. Especially if your lot size exceeds 500 shares (5X5). Let's say you placed a marketorder of 5,000 shares, they can fill 500 at one price, 500 at the next price and 500 at the next price all the way up to maybe 100% difference from your first fill - HONESTLY! So the only two ways you can make sure you get the price you are looking for is if you limit your lot size to 500 shares or if you put a "limit" order in good for the day (hopefully you will get filled). I hope that helps, Diana Don't worry in a few days these prices will be a distant memory and you wish you could have bought more here! Rico