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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Sharon L. who wrote (2363)1/8/1999 11:21:00 PM
From: SMALL FRY  Read Replies (1) of 5102
 
Sharon L,

Some people are dead set on not using stop loss in a fast moving stock for one reason (or so I heard): MM's use it as the opposite to short squeeze... if they need shares they'll drop the price drastically to take out all the stops and bring it right back up. My view... selfish motive here... if I was long, I'd hate the people doing stops because if there are a good number of stops out there it becomes fuel supply for further downslide once the stock price start down. I may be all hosed here....

SF
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