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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote (8656)1/22/2000 12:59:00 PM
From: on parole  Read Replies (1) of 9440
 
I think what you are saying makes a heck of a lot of sense. While the returns are great with the bbs, the deck is stacked against you from the start. Poor fills, no fills, huge spreads, it's all a hassle. I was playing HCCA from .04 and tried to get out at .06. E*Trade filled me at .041 although my quote said .06 at the time. I protested and the response a day or so later was that my quote was wrong as they are typically not exact with bbs. I had tried a limit order but it wouldn't take .06, only fractions. Others you can use cents. It's just very difficult to get good execution of the trades and have someone accountable which is of concern. There are delays getting fills so you don't know whether you are in or out. Maybe the wrong broker? With that said, I still love um. :-) How do you guys track a bunch of stocks for volume so you can get on board the ones that are moving? With the amount of time I spend reading 10Ks, Qs and calling companies you can cover only so many. Some of these traders seem to always find them when they're moving. Look at GNNU. They've retired a bunch of shares from treasury and they have an interesting business model.
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