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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: BarbaraT who wrote (42943)1/14/1999 12:28:00 AM
From: Guidothecat  Read Replies (1) of 119973
 
Hoped for a NAVR pop this morn with INTC/YHOO earnings and
had placed a market order the 12th. Cancelled outright at 9:26 with
a call to my broker. OK, the signs spelling danger, I then put a limit in
at 14 3/4 and got a fill on 10% at this, and the rest at 15.

Fine, I'll sit tight for awhile...look for the close. Up
on my account screen at 3:30 pm POPS:: I'd sold all at
11 3/4 to my shock!!!

I played the facts to my broker and they came back three
hours later reporting the MO had been retrieved...I'd been
saved $10,000...they had to yell a bit.

Moral: Be very careful on those last minute changes...they
can cut either way...of course my broker had a vested interest...
they had reported a cancellation on the MO hours before...and
my account was oversold of stock I didn't have. They did
have time records tho...and so did I.

By the way, thanks to all, overall up over 1000% in the
last 2 months since following the TM thread.

G

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