3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: joe who wrote (25045)	11/21/1998 2:11:00 PM
From: E. Davies	Read Replies (1) of 45548

A buy stop will occur whenever the ask reaches the stop price. It is not necessary for any trade to occur before the stop is triggered. Also, in a fast moving market it is very possible to be executed above your stop. I've been executed at 42 for a 40 buy stop on a hot internet stock. Also be warned that in low volume stocks asks have a mysterious way of rising up just high enough to trigger the stop and then falling back down. Not that the MM's would do that deliberately of course <g>. Eric

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