Stocks with shaves

MasterRaistlin · Jul 4, 2005

Does anyone know any good stocks that have shaves usually available on ISLD?

Right now I watch SIRI and SUNW but want to branch out and trade something with a similar volatility to SIRI.

Thanks

Bluefox · Jul 4, 2005

Cant help u. But I dont understand why shaving is allowed?? I hate it when poeple outbid u by o.1 cent. In a sense the fifo rule is being violated. Wasnt shaving gone for a while and now it is back? whats the reason behind this?

zdreg · Jul 5, 2005

Quote from Bluefox:

Cant help u. But I dont understand why shaving is allowed?? I hate it when poeple outbid u by o.1 cent. In a sense the fifo rule is being violated. Wasnt shaving gone for a while and now it is back? whats the reason behind this?

same reason that we went from eighth to pennies- liquidity.
real traders adjust. the rest fall to the wayside.

Spydertrader · Jul 5, 2005

Quote from MasterRaistlin:

Does anyone know any good stocks that have shaves usually available on ISLD?

Gillette Co

Bluefox · Jul 5, 2005

Quote from zdreg:

same reason that we went from eighth to pennies- liquidity.
real traders adjust. the rest fall to the wayside.

OK, but shaving doesnt go for every stocks. Some can and some cannot. Why is this?

zdreg · Jul 5, 2005

Quote from Spydertrader:

Gillette Co

doesn't work beyond two digits

siri and sunw do.

qqqq do.

BSAM · Jul 5, 2005

Quote from zdreg:

doesn't work beyond two digits

siri and sunw do.

qqqq do.

Er, uh.....I think he was making a joke.

Spydertrader · Jul 5, 2005

Quote from BSAM:

Er, uh.....I think he was making a joke.

Yes. I was. Thanks for getting my lame attempt at humor.

- Spydertrader

BSAM · Jul 5, 2005

Quote from Spydertrader:

Yes. I was. Thanks for getting my lame attempt at humor.

- Spydertrader

Actually, I thought it was kinda sharp.

MasterRaistlin · Jul 5, 2005

LOL..thanks anyway guys. I found the list of stocks that are approved for "sub-penny" trade.