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Borgon

08/20/12 8:35 AM

#53589 RE: odega #53588

Thanks for all your work odega. For all our sakes, I hope you are successful with the SEC/FINRA.

Let's have a good week here.

GO $CGFIA

M_T_Pockets

08/20/12 12:52 PM

#53609 RE: odega #53588

Hey, Odega!
Here is the way I understand the price situation you describe.
The broker you use, (Etrade, Scott, etc.) has a responsibility to their clients to get the best price possible for them, when buying, no matter your offered price. So if they see .00015, they have the responsibility to buy the requested number of shares at the lower price even if you put in a market .
Believe me, the Market Makers would take your money if they could, but the brokerage side of the industry is representing you, their client, and the benefit should be passed on to you.

Hope that explains it.
$CGFIA