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Strategies & Market Trends : WR's Momentum Trades
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To: Trumptown who wrote (2282)1/8/1999 10:32:00 AM
From: Wayne Rumball  Read Replies (2) of 11130
 
Well since it happens to me all the time I know.

Say stock is 0.40 x 0.45, you put in an order for 10K at 0.45. Few minutes later, with no trading ask goes to 0.46.

Change your order to 0.46 and a few minutes later, no trades and ask is 0.50. At this point you're pissed and cancel the order and take the stock off your screen.
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