Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (39105)	4/1/2000 5:44:00 AM
From: Ian Anderson	Respond to of 93625

Well actually this doesn't seem to be a problem so long as I use limit orders. In fact I often seem to be able to scalp a point or two on Rambus when its fairly static. I wait till the stock is near the middle of its trading range over the last 15 mins and the spread on Island is at least 3 points, I guess indicating a short term reduction in liquidity. I put a limit buy in at 1/4 point above, and a limit sell in at 1/4 point below the Island prices. Usually under these conditions both execute within about a minute, due to the "noise" on an otherwise static price, leaving me with a 2 1/2 point profit. Of course sometimes only one half executes due to a larger movement in price (typically about 20% of the time) then I have to cover PDQ.