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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Scott Wheeler who wrote (7470)9/17/1998 11:58:00 AM
From: Randall E. Brubaker  Respond to of 14226
 
Scott: As I understand it, your problem is the difference between NASDAQ and Bulletin Board. For the BB stocks, the MM's have no obligation to purchase/sell except for the prices and quantities that THEY quote.



To: Scott Wheeler who wrote (7470)9/17/1998 12:02:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 14226
 
Scott, at this moment the market makers will buy GPGI from you for $0.42 and sell it to you for $0.45. If you are trying to buy GPGI you need to offer $0.45 to insure you get filled. You could try a lesser amount, like $0.44, but I don't think you will get it at the price you are offering unless there is selling that moves both the bid/ask down.



To: Scott Wheeler who wrote (7470)9/17/1998 12:24:00 PM
From: Randall E. Brubaker  Read Replies (1) | Respond to of 14226
 
Scott: From Dennis De Noble

Randall,

Your answer is almost correct. The MM must buy or sell at the best
published price of any MM not just his.

In BB stocks as yet there is no Limit Order Display Rule which requires
MM's to publish "between the market" quotes.