FEC Resources Inc. (FECOF)

[styl]

this is a detailed account of how i put some orders in today and how the market makers whom i dont trust handle the order.

i put an order to purchase 75000 at .0385...........the market maker made it .039....i then changed it to .0395 all 75000 shares<but without an all or none/non restrictive>, and they jumped their 5,000 share order ahead of mine which is illegal........they were posting .0395 to .041 and not reflecting my order at .0395


at 2:00 i decided to just jump the whole spread to get filled and did so without an all or none order.....
So i changed it to .0412 and all they gave me was 5000 shares.........200 dollars worth..what a joke.

I went out to do some errands.........when i came back near the close of the day..3:50 p.m. 45,000 of my 72,000 order was filled........all this crap just to buy less than $2000 dollars worth of stock when i intended to buy $3000.
anyway, I hate marketmakers, especially when its just one running the show.
I pulled this$$ outof my credit card at 0% interest for 12 months, with a balance transfer from one card to another....3% fee on one end and 3% on the other...so 6% upfront but i can sit on it for 12 months interest free.....less than getting this on margin.....might help my credit score too.

an update : just before the close they decided to completely fill the order...just incase i wanted to pay more i guess..

Tue Apr 05 15:57:26 2011 Buy 4900 FECOF Executed @ $0.041


Account: xxxx-3265 Your GTC buy order for 72000 FECOF at a limit price of $0.0412 was partially executed at $0.041. There are 0 shares remaining that await execution. See order # 5277 for details.