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To: Troll who wrote (18648)11/30/1998 10:15:00 AM
From: Hyperpy  Respond to of 119973
 
Yes, lest's open our own brockage, I can be the CEO,will go on CNBC once a week.



To: Troll who wrote (18648)11/30/1998 10:58:00 AM
From: Velocipher.   Respond to of 119973
 
To everyone:

Everyone here needs to understand how the system works. In most cases that people cry out 'bad execution' this morning, it was not your brokerage's fault. Market orders are executed in the order that they are received, and many limits will be passed over because of lack of liquidity at the given price. Sometimes your firm will get pieces of orders executed via the electronic systems like Select-Net, but even these have limits on number of shares per order. These limits are different for every stock. I placed my market sell orders for NAVR at around 8:15 to make sure I was high on the list. Also, I split my orders into 500 share chuncks instead of one large market order in an attempt to get executions via Select-Net, since I know that the limit on electronic execution for NAVR is 500 shares. All of my orders went through at 24 or above. Hope this helps.

Greg