SI
SI
discoversearch

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 : Network Appliance -- Ignore unavailable to you. Want to Upgrade?


To: BirdDog who wrote (8817)8/2/2001 9:29:00 AM
From: im a survivor  Respond to of 10934
 
<<...I would like to suggest to you to try stop loss orders >>

The problem with stop loss orders is if you keep them tight and keep raising them, eventually the mm's will swoop down and take your shares....so you may as well sell while it's high, rather then wait for them to swoop down at a lower price and take your shares. Also, we have seen the biggest swings in stocks occur due to earnings, after hours announcements and etc.......too many times i have seen a stock close at $18.50, only to open at $14.50 due to bad news and etc.......keeping stops in place mean you need to check every morning to see whats going on.........at a close of 18.50, I may sell at $18 or $17.50, but I wouldnt want to be stopped at $14.50 on the open, when it more then likely will gap up off it's opening low within the day or two.....JMO, and thanks for your opinions as usual......