PLCO Internet collectables, childrens toys...etc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Condor who wrote (894)	11/4/1999 2:05:00 PM
From: Pied Piper	Read Replies (1) of 1296

Something I've started doing lately, particularly with BB stocks, is put in GTC limit sell orders way above the current price. I am told that by doing this I can prevent my shares being borrowed by potential shorts. If everybody did this together it might cause a short squeeze? Now I don't even know if this actually works. However, I can't see a downside, except to get filled at some high price! BTW, if you ask your broker about this you may be told that there is a limit to how high the limit price can be. For example, I was told that if I put a limit price more than 30% higher than the current price it would be rejected. Well, I did this with several stocks over the net, with limit prices between 5 to over 20 times the current price and every one was accepted. Piper

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next