Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.59

-1.0%

2:14 PM EST

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To: Darren who wrote (46489)	5/10/1998 1:22:00 PM
From: Sector Investor	of 61433

<<If you are a day trader, and you see that a stock you own has shot up nearly 3 points on news at open, then you watch it, and let's be honest. >> Yes, let's do be honest. If you WATCHED it AFTER it spiked on open, there was no time for a GTC order and it never again went to that level. There were only a few seconds to react and place a trade - and if it wasn't a GTC or limit order, you would have gotten the bid price on your sell. Just how exactly did you do that? quote.com <<Were you watching ASND on Friday after the upgrade and thinking about selling? >> Actually I did - 2K at $44 13/16, on a GTC order. I missed on ANN. The high of the day was 21. As a day trader, I essentially lost 1/4 on a bad exit, but my execution system was the Web, as opposed to my normal execution system, Cybertrader.>> Give me a break! Bad exit indeed. More like a fantasy exit.

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