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- 1 May 2007
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Re: Bell Direct
Not really. They just put the market order in there. IT DOESNT TRADE BECAUSE THERES NO VOLUME THERE.
Also, Kam you can set the order to sell @ limit if a certain price is reached. You can acutally specify the price you want your order to be done at if your stop is breached. Eg:
Conditional Order Paramaters
WDR Last Traded Price is less than or equal to $0.550;
Triggered Order Instruction
Sell 100 WDR @ Limit $0.530
Imagine the complaints if they sold shares for LESS than the stop price. Customers phoning up saying they didn't want to get out at that price etc.
It's some skin off thei rnose because they'd have got the fee for selling them at 1.90 or 1.89 or 1.88, whereas if they're sat in there at 1.70 they don't get a fee for selling them. Oui or non?
Not really. They just put the market order in there. IT DOESNT TRADE BECAUSE THERES NO VOLUME THERE.
Also, Kam you can set the order to sell @ limit if a certain price is reached. You can acutally specify the price you want your order to be done at if your stop is breached. Eg:
Conditional Order Paramaters
WDR Last Traded Price is less than or equal to $0.550;
Triggered Order Instruction
Sell 100 WDR @ Limit $0.530
Imagine the complaints if they sold shares for LESS than the stop price. Customers phoning up saying they didn't want to get out at that price etc.