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Biotech / Medical : Vasomedical Inc.
VASO 0.1600.0%12:08 PM EST

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To: cAPSLOCK who wrote (1201)3/24/2000 8:56:00 PM
From: PartyTime  Read Replies (1) of 1605
 
Greetings cAPSLOCK!

It depends on how the stock is trading, whether to use a stop limit order. If you've already made a sound profit, of course, it's easier to use them so long as you're locking in a good amount.

But when a stock is in a stagnant period where there's no strong momentum upwards and potential for news seems exhausted, those market makers are gonna look for some action, most likely to the down side. They'll bring it down a bit, round some up for themselves and then gradually bring it up again. This back and forth trading range action can continue until an event which substantially moves the stock up or down. But a stop order indeed can become an invitation for a market maker to widen the range.

My only wish with VASO is for it to release its publicity in more timely and efficient manner and for it to improve its website. Public relations seems not a strength of this company. But the product is right, the need is great and I think time will move this stock forward very strongly. I'm glad I'm holding VASO shares.
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