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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: James Clarke who wrote (2507)6/3/2000 9:12:00 AM
From: Freedom Fighter  Respond to of 4690
 
Thanks James,

I'm just investing for myself. Generally I'm accumulating my position in several hundred share blocks. If I wind up with a big position in something it's over the course of years and as a result of a growing comfort level with the company.

A friend of mine pointed out to me that you can sometimes fill an order on these thinly traded guys at prices below the "ask" if it's not for too many shares. I've already done that a couple of times.

I've put in orders 1/2 point below the ask price and on several occasions got an immediate fill. The stock resumed its original price before the end of the day.

Wayne