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Ron,
Sure, send me one ticker. I'll take a look at it.
Daniel.
Ron Warshawsky wrote:
> Daniel, I can send you the stock's ticker, so you can check
> it. Looks like NASDAQ does not heard about SEC reform. I have a
> wide list of such a stocks right in front of me. Thanks for
> answering ----- Original Message -----
>
> From: Daniel Martinez
> To: metastock@xxxxxxxxxxxxx
> Sent: Tuesday, March 07, 2000 10:57 PM
> Subject: Re: Sell order placement help
> Are you sure your data is correct? The spread here
> is 1 3/4. That's quite high. In 1997, before the
> market makers were forced to reform by the SEC, such
> spreads were common. Now it's fairly unusual.
>
> You sell/buy by the bid/ask price. The quoted
> price/high/low of the day is sort of an average of
> the bid/ask price.
>
> Daniel.
>
>
> Ron Warshawsky wrote:
>
> > Symbol Bid Ask Last Change High
> > Low Volume
> > STOCK 10 11 3/4 11 1/4 -1 13/16 13 11/32 10
> > 15/16 361,700
> >
> > Dear list participants,
> >
> > As you can see, above stock has bid price (10),
> > which is lower than the low
> > price of the day (10 15/16). Can you please advice
> > me, what stock order must
> > be used in order to sell this stock if price will
> > drop to 10 13/16 or lower,
> > but not at 10 (what market sell order will do).
> >
> > Regards and thanks a lot in advance.
>
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