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To: mulla711 who wrote (593)1/22/1999 11:00:00 AM
From: Dilbert  Read Replies (1) | Respond to of 834
 
1-50
Why if the R/S was 1-100 would the first ask that showed up have been $2.25. The previous day close was .045/.05. For a 1-50 that gives 2.25/2.5. Not likely an MM would have put in their ask at less than 100x.045= 4.50, until market was established!! The MMs still thought that it was a 1-50. What gives??
...puzzled..Dilbert



To: mulla711 who wrote (593)1/22/1999 11:05:00 AM
From: Zbyte  Read Replies (3) | Respond to of 834
 
Well just for your information, yesterday morning before the open I put an order to sell my shares at market, Etrades coundnt give me any info and I thought we were going to open at 2.50. Finally some numbers showed $3 and .25 I called quickly and cancelled my order and they told me it was cancelled. Well this morning to my dismay I have sold everything at .25. and I got it at a 1-50 split. I cant believe it folks Im out with ZIP. What a screwed up bunch of BS...