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Technology Stocks : Trikon Technologies - TRKN

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To: LTK007 who wrote (342)9/7/1997 10:31:00 AM
From: bob zagorin   of 926
 
Max. As you say you are a "neophyte", I wonder if you know this about "stop losses". They don't offer the kind of protection you might think. If the price of a stock drops thru your stop loss, you order is treated as a "market order".

I'm not saying this will happen with TRKN or any thing else but just want to make sure you know. A market maker will not necessarily honor your "stop loss" at the price you think. For example, if TRKN were to open at 9, that's where you would get taken out.

I don't use them and I don't like them so that is my own prejudice.
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