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MercosurTrav

11/29/07 1:52 PM

#8286 RE: On the money #8284

I just got filled ... I had it set at $0.0135 all day since we dropped. I should of been more explicit. Here's an interesting piece of an article explaining institutional investments:


Institutional investors face the challenge of completing massive orders at a minimum cost. An institutional investor that exposes an order for a large number of shares can expect the price to jump immediately, so they may instead attempt to gradually work the order in small pieces over several days or weeks. Day traders will frequently try to buy or sell in advance of large working institutional orders if they can identify a large order in progress.

Institutional investors try to reduce their costs by trading with institutional brokers that specialize in handling large block orders and by using trading systems designed match to orders with other institutional traders. These systems attempt to eliminate the spread and any price impact. For instance, ITG’s POSIT matches trades several times during the day at the mid point of the bid/ask spread and the Crossing Network matches trades at the closing price. While trades completed through these system tend to have lower up front costs, traders run the risk of simply not getting their orders executed quickly or at all.

Full article found at:

http://www.investorhome.com/daytrade/spread.htm

lordwinmore

11/29/07 1:58 PM

#8289 RE: On the money #8284

some of the momo players want the price lower since they traded . case and point :on the money is tryting to get longs to sell, his posts are all fear based. he has switched from having his eye on the prize to out right misleading. Its ovious to me at least. Big gains come from volitile stocks is a given . Big moves up down up up down down up up up up

read some of his posts he's pumped another stock that is now down.

becareful of him ,don't let his posts effect you.