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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: ISOMAN who wrote (5866)7/16/1998 6:33:00 AM
From: Michael Bendner  Read Replies (1) | Respond to of 43774
 
Hmm.. good point. I forgot to specify my two limit orders as 'All or
None'. Hope I don't get stuck with two partial fills of 1,000 shares
at the end of the day. It happened before with two other stocks. Oh
well, not enough cash left on my phone card to call the broker again
so I guess I'll try my luck.

Michael Bendner



To: ISOMAN who wrote (5866)7/16/1998 9:19:00 AM
From: LegalBeast  Read Replies (1) | Respond to of 43774
 
Ameritrade does not charge for the pieces. If it comes in one or twenty, it is still the one charge. So, my strategy is to make my limit a hair above ... as example, yesterday I picked up an extra 80K shares. The ask was .049 and I set the limit at .05 ... had the ask been .052 then I would have set the limit at .053 ... It is not enough to make the MMs wait to fill it, but my thinking is that it might encourage the mms to up the ask to get the frw pennies and help the overall situation with a lottle momentum ... works for me!