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To: Colin who wrote (1267)	7/16/1998 1:58:00 AM
From: Savant	Read Replies (2) \| Respond to of 4201

CP, what was the bid ask when this occurred? As to the question about whose interests the brokers looking out for. When a broker gets up in the morning, he doesn't think about how much money he is going to make you. He thinks about how much in commissions he will generate that day. Likewise, you don't think about how to make him money, just how to make yourself money. If the bid was 2.43, the selling client should have gotten 2.43 in most cases.

To: Colin who wrote (1267)	7/16/1998 9:55:00 AM
From: knight	Respond to of 4201

Colin, the trade was an odd lot and is done at the the next lowest bid price. Check with your broker on this tho.

To: Colin who wrote (1267)	7/16/1998 9:15:00 PM
From: Apex	Read Replies (1) \| Respond to of 4201

Colin: If I understand the B&A were 2.36/2.43 and last was 2.43...sale of 400 shares was at 2.37 My explanation...who the heck knows, but I'll take a stab at it: Seller's objectives: -needed to get rid of the shares asap. -wanted to make sure that the sale occurred...asked for a lower price. -if he put in a price restriction of 2.37...there may have been a chance of someone putting in an offer to by at 2.37 or at market only 400 shares. Buyer's objectives: -could have only $1000 to spend. So, 2.37*400=948+40 comm.=988 -buyer put on price restriction of 2.37, since at a penny more he might not have enough funds. ...got to understand that some people place certain resistances in spending on stocks. Some might say I have 5k to play with and not a penny more. If there is a all or none restriction on the Canadian stocks, the order is treated differently and is placed 'behind the scenes' in order to get it filled. Brokers's objectives: Commission, commission, commission.... Hope this helps...If anyone else has 2c more, please add them. Apex ps 400 shares is not an odd lot at 2.37 Board lots: Share price below 10c...lot = 1000 Share price 10-99c...lot =500 Share price $1.00 or higher...lot = 100