LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (5907)	1/11/1999 9:14:00 AM
From: Dave Shares	Read Replies (2) of 43080

AKLM To the longs in this stock, you are to be congratulated. The earnings will probably be very good. I have watched AKLM through the last two earnings reports, and I have seen a gap up, followed by a big time selloff on the good news. Please bear this in mind. p.s. to all - always be careful with stops on volatile stocks. If your stop triggers when the stock is RELATIVELY stable, you will be OK, if your stop triggers when the stock is falling like a rock, you could get filled at a very low price. The selloff in ONSL on 11/30 had some (thankfully not me) getting stops at 95 filled at 50-60. I guess my point is, if you are trading a volatile stock, use Sue's bedpan method and get out before the exit doors are jammed. David

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