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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: J D B who wrote (18194)	11/29/1998 9:34:00 AM
From: JustInTime	Read Replies (1) \| Respond to of 119973

>>Agree - no market buys on NASDAQ anymore: Friday I placed a market buy on BAMM - got half filled at $16 1/2 - the other half filled five minutes later at $18 1/2. I would have been much better off palcing a limit at $16 3/4 - above the ask. With BAMM trading around $40/share, I am not sure why you are complaining that you bought it at $18 1/2, I'd like to have that problem. Fact of the matter is that sometimes a market order is necessary if you want to get a fast moving stock, I don't rely on them, but they have their usefulness at times...

To: J D B who wrote (18194)	11/29/1998 11:14:00 AM
From: Kevin McKenzie	Read Replies (1) \| Respond to of 119973

I would have been much better off palcing a limit at $16 3/4 - bove the ask. With a limit order of 16 3/4, the best you would have ended up with is your 500 shares at 16 1/2. There's no way you would have gotten the other 500.