Greenland Corp. (GLCP) Message Board

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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: skinydipper who wrote (527)	5/1/1998 10:35:00 PM
From: hoffy	Read Replies (2) of 2278

>>>I will always set a limit on my buys. Got burned big -time on HNLY with market order of $.3x. It filled at $.69 several minutes later and tanked again on the same day.<<< True if a stock is running wild like HNLY did then a market order is not a good idea. but GLCP was pretty stable near the end of the day so a market order probably would get filled only a cent or two above where it was. Funny you mentioned HNLY. I had bought in the .30's and went to sell when it was at .50. by the time it filled I had sold at .68. Sometimes a slow fill works in your favor. But usually it's in the favor of the market makers because they control the show. I love this nice steady rise in GLCP on big volume. No huge spike followed by a big selloff. I think we';ll continue to see the 20-30% gains for a few more days. the run will probably stop when we get the big spike up but I think that won't come until it jumps from 1 to 2 or so. Then a slight pull back that will scare some people and then a steady rise again as people realize that this is for real.

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