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stevi111 - Thu, 01 Jan 04 :

EXPERT KNOBHEAD:-

Firstly many thanxs for showing everybody on this CDN BB what a complete tosser you are.Why you even bother to post i dont know,everything you write is crap!!

It just comes across to me that posting at 22:09 on new years eve and again a few hours later shows to me you have serious problems in life!
Dont you have a life,i mean most of the world was celebrating the new year and you were posting TO YOURSELF on this BB!!!!!!!!!!!!!
You really show yourself to be a class loser in life!!!!

On the subject of 50000 MAX trade-The trade limit for a CDN trade was 50000 yesterday!!
MMs tend to have maximum trades on smaller shares,AIM shares always tend to have low trade limits.This limit is set by the markets and can alter many times in a day.From the trading pattern yesterday its plain obvious the limit was 50k!

Any trade of 50k+ ,a buy or a sell and your broker would have had to contact the MM direct and try to purchase the shares you require.When your broker does this there is no gaurantee you will be able to purchase the shares you hoped for and theres also no gaurantee on the price your broker will buy them for you for.Your broker would ask you for the maximum price you are prepared to pay

For example..........

I wanted to buy 80000 CDN-the offer(BUY)price on my trade screen was 14p at the time.
I rang my broker and found the market dealing size was 50k.
i would instruct my broker to try to buy 80000 CDN shares through a market maker for a maximum price of 14.25p.(limit order)
MMs will sell you the shares you are looking to buy but because you are dealing direct with the MM the price you pay could be different from the offer price than if you wanted to buy 2000 shares.(2000 shares being within the maximum deal size)
......My broker comes back and says he filled my 80000 buy order at 14.17p with the MM!!
BECAUSE the deal went through at 14.17p the deal would appear as a ?.This is because the price paid is some of the time unrecognisable as a definate buy or sell!Most of the time to normal people these can still be recognised as a buy or sell though.

I hope this clears the matter up-obviously expert knobhead aint gonna agree but do i really care???
After reading 1 or 2 of his postings on Mytravel it doesnt take a person long to realise hes a waste of space!




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