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See Shasta

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Re: Joe Stocks post# 39488

Thursday, 05/15/2008 11:30:56 AM

Thursday, May 15, 2008 11:30:56 AM

Post# of 77456
I tried to cover one of my shorts on RIMM this am and had a limit price in from last night. The stock traded .40 below my limit and I wasn't covered so I called Schwab. I was never aware of "trade the exception" rule where a broker matches the buys and sells in house and then only takes the shares that are the top bid and ask. The broker isn't shown nor the total amount of shares traded. At least that is what the guy told me at Schwab. Another form of legalized stealing.

Wow, Joe, you weren't kidding on BTU.
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