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Wednesday, March 12, 2008 2:09:55 PM
Can anyone explain...
I placed a limit order at 1:08 - 60,000 (all or none) at 0.005. Now, an hour later, I've seen 89,000 bought and 100,000 sold. I called broker (Scottrade) and he looked up the 89K - saying it wasn't an open market buy. Then came the 100K.
Is this somehow MM activity or am I being held back for some mini-fractions of a penny? Or does the broker want the buy split up in order to earn more penny-stock fees???
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