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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: jopawa who wrote (9101)11/16/2000 10:55:54 AM
From: Sir Francis Drake  Read Replies (1) | Respond to of 15615
 
Jopawa - I had one buy order for 14 15/16 filled, but actually it was not easy at all. I set up the order first thing in the morning, thinking that the stock should not drop much below 15 today. When the stock was selling off extremely rapidly, and broke 15, my order filled. However, it was only half the shares that I wanted, because when I set up the order I didn't want to use up all my firepower in case it DID go lower, to 14 1/2 f.ex. Well, when it broke 15 and my first order filled, I immediately put in another for 14 15/16 - and I did NOT get filled! The recovery was that rapid. I had to cancel and resubmit, got in at 15 1/16 for the rest of my shares. The one fly in this ointment, is that I wish the volume was higher, to confirm a new trend, because as far as high-volume reversals go, the volume was not THAT impressive. I guess the stock needs to consolidate at these levels here. We'll see.

Morgan