Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Market Makers - What They Do and How They Do It -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (34)	1/18/1999 11:25:00 AM
From: jeer	Read Replies (1) \| Respond to of 429

re: schwab, my limited experience here suggests youre right, ive been pleasantly surprised by the speed of fills, and many days get price improvements of 1/16 or 1/8, sometimes 3-4 a day....however, i got to see the impact of going manual last wednesday trading CNKT. two back-to-back sell orders were cancelled by me, but only showed up as cancel pending. for a while i figured i had screwed up and oversold my position since the price blew right thru both orders. to my surprise, neither were executed, the stock continued up, and i was lucky enough to put a third sell order in and make another 1.5 points. good thread!!