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marty009

06/28/11 2:55 PM

#405 RE: ST Trader #404

ST,
Thanx...but what I meant was fractional pennies on a stock ABOVE $1. I see many higher price ($5 to $25) stocks trade at 24.409 to undercut a 24.41 offer as an example. Same on the bid by unknown traders flashing 1/100 of a penny above the bid on higher priced stocks. I think most of it is computerized trading. Just wondering if individuals can place these type of orders at some houses.