Replies to post #164172 on Eternal Image Inc (fka ETNLQ)

[Lurker from Mars]

nope...if you put in an order for 250k at .01 and they only could match you with 50k, the ask would go to .011 and you would sit and wait at .01...

The only way to guarantee you get your full order is thru and AON, which would not give you even the 50k in that exapmle, or put it in for a higher ask...You might get it all by .011...

This is just an example...you might get it all at .01 on a limit order...You most assuredly get it on a market order, though I suspect you would hate the avg....

[al44]

Roy- NEVER put a market order to buy a penny stock. AON is fine but limits the chances of getting filled. Putting a large market order in shows up on level 3. It's a simnple thing for the MMs to pull their low ask prices temporarily, fill your order at higher prices, then drop the ask once again. Seen it happen before. Use limit orders and if necessary submit above the ask by a little bit for a larger order to get a full fill on the same day. That's not a good strategy but it works depending on your needs. I have bought ETNL in 500,000 share orders on a limit. Place it early in the day and it eventually fills. The ask may run out but then your order becomes the bid. Many of my prior purchases have been at the bid due to this. Then the stats show up at the end of the day as sells instead of the buys that I made. I take EOD stats with a grain of salt, unlike some others.

.........al