PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: stowaway who wrote (5861)	7/16/1998 7:44:00 AM
From: xbrent	Read Replies (1) of 43774

OT Regarding market versus limit orders. If you think any stock is going to move away quickly then do a market order. If you think that you have a lot of time then do a limit. If you think that the MM move the price away just to accomodate your large order try a smaller order. When it is all said and done you will have great monday morning QB knowledge and more often than not you wish you had done something different. I find it far easier to do limit orders for regular NYSE, and NASDAQ stocks. Did a couple yesterday. Had a price target set a limit and when I came back from lunch it had gone off. Wish I had held out for more profit but it worked like it was supposed to. When entering a short a limit is great but then you have the execution problem. Since a short can only happen on an uptick, now you have two conditions a.uptick and b.limit which can make execution difficult.

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