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Monday, 10/20/2014 12:55:13 PM

Monday, October 20, 2014 12:55:13 PM

Post# of 79
$IKNX Just amazing how this trades. On Friday October 17, I was the bid for 100 shares. MM filled 1 share, I was no longer a round lot, so my bid no longer showed as best bid/best offer. The next customer in line was for 4 lots, 30 cents lower, and guess what? Those 4 filled immediately. I saw the MM do it twice like that, once to me, and 1 share lot break to someone else.

Today, Monday October 20, we had an opening trade of 100 shares, but it was broken into 2 pieces, so those 2 trades did not show as the open. 48 shares @16.29 and 52 shares @ 16.29. Instead the third trade, the first full lot (which just so happened to be for $15.30) goes on the record. So we now show as if we opened down.

What do you think? I suppose I will have to use an AON order.