SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MAMH - New Breast Cancer detection method
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stephanie M who wrote (635)7/24/1998 10:17:00 PM
From: rodster397  Read Replies (1) of 971
 
I take it you meant you went to sell at 5 1/2 and got 5 9/16 on a limit. Here is an example: My brother-n-law and I both trade. We both owned the same stock and same amount of shares on a stock that was running. He placed a market order and I placed a limit which was lower than the ask at market open. All said and done I got a penny higher than he did. The reason you may ask? This stock was running and the MM's could not stop that. All market orders were filled first. By the time they got to my limit order the price was up higher and a limit order means my price or better so I got the better! What I am saying is depending on the stock action you can benefit either way.

Now you take someone who is selling but the stock is not running. MM's may drop the price for your trade and then bring it back up, and basically you lose. It really comes down to knowing that stock and thinking of MM's as investors.

Rodster
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News