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Re: Zeev Hed post# 179459

Tuesday, 12/09/2003 8:35:35 PM

Tuesday, December 09, 2003 8:35:35 PM

Post# of 704041
zeev, Since we do not know the size of your trade it is hard to speculate. I would think you would trade 1000 share lots at a minimum. In my opinion the NAS is criminally wrong in not allowing the buys and then allowing the equity to re-open for sells. If I was on a jury I would easily award treble damages. If you bought 1000 shares and made an $11 profit that would come to $33,000. The NAS should have cancelled the early trades and not allowed the equity to re-open until the mess was properly scrutinized.

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