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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Jay Morrison who wrote (4026)	12/27/1998 7:29:00 PM
From: xcr600	Read Replies (1) \| Respond to of 4969

<< They want to find a seller at $1, then they will give that guy $1 for his stock, and then charge you $1 1/8 for your purchase... >> Woulnd't this be illegal? Especially if in their confirmation statements and quarterly statements would also have to be modified for the extra 1/8, thus falsifying all forms. Find it hard to believe that the NASD and SEC would permit this. I could see the brokerage find the shars at less than your bid, and then filling your order at your bid. x