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.
Technology Stocks : OnSale Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Finley who wrote (3268)1/7/1999 10:08:00 PM
From: Muhney  Read Replies (2) of 4903
 
FYI Stops.
Their is no such thing as stops on NASDAQ stocks. I know some will argue, but sometimes broker dealers will do it as a favor to their clients (most will not). If you have a kind B/D, and they accept NASDAQ stops, it's merely a function of turning in a market sell order as soon as they receive notification of the stop via wire kind of like a "memo" entry.
Listed stocks however, have an electronic book and a specialist. When you set a stop, the stock will trade on the next trade after the stop is reached. It may be lower, but it will be the next price.
i would strongly suggest you find out what your broker dealers policy is regarding stops before you consider using one.
Thought that might help.

Muhney
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