Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.05

-3.2%

11:21 AM EST

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To: Jon Koplik who wrote (57319)	12/29/1999 12:10:00 AM
From: Brian K Crawford	Read Replies (1) of 152472

assume a person owns QCOM or GSTRF heavily, understands why it is a reasonable bet that these companies will prevail ("resistance is futile"), is not margined so much as to have to "sweat out" every sharp move, then ... who cares if some funny business may occur for periods of ... ten minutes (?) once or twice a month ? Those who use stop loss orders are the ones that get abused the most by the "funny business". People repeatedly place their stops just under those big, round numbers (QCOM sell stop at 490...). The MM's know where the stops are likely to be, and invest in some well timed sells to push the stock down to flush the stop sells out. It all happens so quick. Bat an eye and its over... Brian

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