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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (7766)6/9/1999 4:23:00 PM
From: vagabond  Read Replies (2) | Respond to of 108040
 
Just FYI, CRGI's gone a long way toward turning ME off food-stocks, too (re: Joe Copia's message in the link you posted). Rarely have I become so ticked-off by the way a stock has traded, or the behavior of MM's.

I bought CRGI more than a month ago at about the current level, with all kinds of great news promised (and some even announced), and saw the price wither. Then, when it eventually returned to around my starting-point, the MM's completely danced-around my limit-sell-order -- filling lots of other orders at even higher prices, but letting mine stand idle for more than a week. I finally got rid of my shares yesterday by resorting to a MARKET order, and actually got the best price in the past six weeks (I know market orders are generally a non-no with BB's, and I'd NEVER do it with a BUY order -- but I've found that occasionally, it's worked out OK for sells when I need to free-up some cash in a hurry).

Good luck to anybody who's still in CRGI or plans to buy -- but for myself, I'm just glad to be out...

Vagabond