Wave Systems Corp. (fka WAVXQ)

[player1234]

Weby - A couple of edits on your post. A market-on-close (MOC) order is not always executed at the "best price possible within the day's closing price range" on NASDAQ. Since Nasdaq is a consolidation of markets, one market may have better or worse prices than another. MOC orders are "market" orders and therefore have the same risk as other "market" orders. Sometimes the order execution is good, sometimes not.

With Nasdaq you also have the consolidated closing price numbers which always pop up a few seconds after 4PM NY time. These may or may not be the same as the initial numbers reported by Nasdaq in NY (Times Square) because they include all the Nasdaq markets. During the day these flow into the main quote stream but are noticable at the close.