<<(2) FWIW, the following happened to me about 10 days ago: After STFZF closed at 17 and change, I placed a stop sell order on E-Trade at 14-3/8 in the interests of profit protection. The next day, the trading range for STFZF was 17-19/64 to 19-1/2... yet 45 min into the day my order got "executed" at 17.15. That's right: (a) the price never came close to 14-3/8, and (b) I sold at a price lower than the day's low. They eventually reversed the execution at my request. E-Trade glitch? Market-maker shenanigans? Who knows?....>>
Thanks for sharing your trading experience. From what I have experienced, heard about and read on the threads, it seems that STFZF is not a stock to trade. As I have been saying (and this is not directed at you, psyduck), this is a stock to hold until the NANO IPO. There is a good chance that the MMs will gauge you on the way in, and if you are trying to get out, the odds are that the MMs will get you there too. This is a stock to buy. And Hold.
If anyone out there is looking for a volatile stock to trade, look no further than QCOM or JDSU (or take advantage of the spectacular arbitrage opportunity with ETEK). But trading STFZF will be an expensive proposition, due to high commissions and MM shenanagans, not to mention the fact that if you like the Nanovation story, you want to be in the stock.
JMHO |
