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Non-Tech : MB TRADING
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To: Dell-icious who wrote (973)9/1/1998 9:31:00 PM
From: fred woodall  Read Replies (2) of 7382
 
This might help.

Yesterday I tried selling 1k DELL four different times. (1 ISLN,3 ARCA) without success. As the stock continued to tank I picked up the phone and issued a market order to sell. They managed to get it sold: (100 at 107 11/16--300 at 107 «--600 at 107 13/32) The market order to sell cost me $22.95 X3=$68.85 for a round trip cost of $91.80.

Yes the market was volatile yesterday and apparently no one wanted to buy up my shares so I can only conclude when the markets shaky don't trade volatile stocks.

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