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growacet

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growacet

Re: None

Friday, 11/21/2003 1:50:50 PM

Friday, November 21, 2003 1:50:50 PM

Post# of 219267
I doubt MMs like Market Orders...
Especially OTC...let's say they're the lowest ask at .01 and they get hit with an market order for 100K.

I guess they could fill 5,000 then pass it up the line, but brokers might stop coming to them for fills imo...brokers want fast fills too. With limit orders I assume its up to the MMs and not the broker.

I've used market orders on DTMG and IDNW, and now on ENGY...(also on NCTI but its doing nothing so far)...

I may come across as Mr ENGY, but I was mr IDNW when it was around .0055...and mr DTMG when it was down around 2 pennies.

ledrog refugee from RB

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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