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Re: bigboard post# 12843

Saturday, 11/16/2019 12:34:58 PM

Saturday, November 16, 2019 12:34:58 PM

Post# of 22617
About a week ago I was trying to get about 8500 shares and I got 1 share. My bid was higher than what was being traded around me. I was annoyed and called TD Ameritrade. I was told by a customer satisfaction supervisor that because my bid was under 10k shares there were no protection rules in place and that if under 10k the market makers can do what they want. They did that to me 2 days in a row so I transferred in more money, raised my number and finally got filled. Interestingly enough, the 1 share that I got each time turned out to be the low for each day, and mind you I was bidding higher than the low. My dad suggested that the 1 share was the market makers signal to hold that price as the low and it was just fluke that I was the one who got it both times. Kinda made sense to me all around.