GREY:CXEYF - Post by User
Post by
JohnnyOilon Apr 14, 2008 10:17am
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Post# 14967660
Interesting Trading Tidbit
Interesting Trading TidbitA couple of days ago I had a bid for 20,000 shares at .71. Slowly the bid was being filled. With 5,000 shares remaining, there was a sell for 5,000 shares. I got 3,000 of those shares and Bryon Securities got the other 2,000.
I called my BMO representative to explain why I wasn't first in line and why Bryon got those 2,000 shares. After much delay and investigation, I was told that Byron Securities is a market maker for Candax and they were building their position. So apparently, they can cut in line and take out your shares if it is for less than 9,000 shares. Nice eh??? Wouldn't you like that power to cut in front of the line and buy and sell at whim. And they call this legal???? Unbelievable.