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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Chris O'Keefe who wrote (4230)6/3/1998 9:05:00 AM
From: Wayne Rumball  Read Replies (1) of 25711
 
Ouch!

Tough to know what to do.

If you place a limited order at 0.014 the thing could trade with a bid of 0.02 all day and the MM's might not take your order. If you put in a market order you get scr*** on that volume. Good thing they didn't walk it down to 0.

Maybe you should have fed it out in blocks.

Risks we have to live with and can't do much about.
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