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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: Harpo who wrote (10005)10/21/1998 12:27:00 PM
From: A. K. Giddings  Read Replies (1) | Respond to of 16892
 
<<Datek "covered" my position in LHSG for me at 9:30am @45 3/4.>>

Well, at least you got bought in at a better price... They also told me on the phone that they had called in everyone with LHSG. I guess they finished up just before I called??!! I'm not suprised that they couldn't explain what was going on over the phone. I had to talk to 3 diffenent people and get put on hold about 5 times until they could tell me that I got bought in. They tried to tell me at first that I had called in the order. At least I got a free trade out of the deal. Woopie!!

If they are going to buy you in why cant they at LEAST give a call?? Do they have so many buy ins that it can't be done???

I have also noticed that everytime I have been bought in (at other brokers as well) it preceeded a big drop. Most notibly PNDA just before the last big drop to penny land. Was panda in such great demand??. More likely a bigger customer than me wanted a good price on the crap they should have sold 6 months before. At least I made money on that. It does seem to be a dirty game they play.

Andy



To: Harpo who wrote (10005)10/21/1998 1:22:00 PM
From: peter michaelson  Read Replies (1) | Respond to of 16892
 
Believe me, I understand your irritation at Datek. However, regarding Seems odd that they never call in your shares for you just before the price goes up.

Datek covered some of my TTF 10 days ago at 4 5/8, it's now at 6 3/8.

I was going to complain in writing, but ............

Also, some of my DTLN was bought in today without notification.

Securities Law site seclaw.com

peter