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Re: Capt_Nemo post# 150700

Saturday, 04/16/2005 3:12:18 PM

Saturday, April 16, 2005 3:12:18 PM

Post# of 219267
Nemo,

I understand and appreciate your comments. Insulting anyone was certainly not my intent.

I do think you missed my point however. The seller sold 1 million shares in one order at one time! You and I both know that was stupid plain and simple. Not that he is stupid but what he did qualifies in my opinion.

He may have had to sell for taxes or something maybe, that I understand and i respect his right. But he can't expect any stock to absorb a 1 millions share sell order entered as a market ticket without spooking the mm's or significantly hurting the market.

I don't care if he sells. I do care if he is ignorant enough to do it with a market ticket expecting a fill at the market.

I just think you missed my point and I apologize for being a little overly emotional but this never should have happened. I agree name calling is not necessary but his actions in selling the shares that way truly deserve critisiscm. Best to you and thanks for your thoughts and work on this board.

SM

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