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lentinman

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lentinman

Re: WTMHouston post# 10

Monday, 05/23/2005 1:53:16 AM

Monday, May 23, 2005 1:53:16 AM

Post# of 40
Troy:

If I understand correctly, you are saying that the trades only take place twice a day during windows. For an active trader (and that is presumably EXACTLY who they are trying to appeal to), I would think that would be a big negative. Being able to buy at specific times when a stock looks appealing is important - especially on small or micro caps that have spreads of 10% and wild variations. And, how do they handle the spread issue?

The other question I would have would be is what is the backing for this company? Let's face it, if you go putting your life savings into a brokerage, you want to be more than 100% sure there is ZERO chance that anything could happen.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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