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Technology Stocks : ASND - Discussion, but no quotes
ASND 197.59-0.8%Nov 7 3:59 PM EST

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To: Pastor William E. Schmidt who wrote (7)9/11/1997 8:36:00 AM
From: Sector Investor   of 186
 
<<Well, I did not even take the time when I wrote my post the other day to set the 41 stop.>>

If you had placed the stop, after commission you would be break-even now.
Place any type of close stop and you WILL get stopped out. This makes
no sense to me with THIS stock. This forces you to be a trader.

Pastor, this is the most volatile stock around. Are you a trader or an
investor? If an investor, you can't lose anywhere in the $40s if you hold
for a few months. The stock may drop, but it WILL rebound higher.

If a trader, I hope you have few "emergencies" in the future.
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