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Microcap & Penny Stocks : ADSN - Advanced Systems International
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To: CBurnett who wrote (300)4/17/1999 8:42:00 PM
From: Mike Perras  Read Replies (1) of 895
 
CB:

You can put a sell order on ADSN at 10.00 and wait till it gets hit too .. like the sound of that. My point is you have to be prepared to wait if you are deciding exactly what you are prepared to buy or sell a stock for. If I am prepared to wait that long, I have to be prepared to have that cash available .. I'd rather have that so called available cash invested. If my bid got filled 3 weeks later & I needed 50K to settle that account, I might have to sell something else at a loss to pay for said filled order. You could save getting the stock at your price & then lose it having to sell something on short notice.

In the so called waiting period, a great stock may run away from you. I strongly believe that ADSN is that type of stock. It can be a gamble to wait & sometimes not.

If you were lucky, I am happy for you. I for one was tired of waiting & wanted to know that my shares were bought & done with. Then move on to other plays.

Good Investing,

Mike
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