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Non-Tech : POSITIVE EARNINGS -- Ignore unavailable to you. Want to Upgrade?

To: Findit who wrote (174)	11/15/2002 10:34:42 AM
From: Catfish	Read Replies (2) \| Respond to of 337

SIMU - The float is so small, it is very tough to trade it. I have tried to buy it before with a limit order, but the MMs give you a partial of maybe 500 shares, and then move the ask higher. If you change your limit price, it will cost you an extra commission with Ameritrade. In the old days of NDB, you were only charged one commission for a limit trade for the day as long as you were buying. So, you could change your limit price with out paying more commission charges. You could buy this with a market order, but I would not do it. On the other hand, when a MM gives me a small fill with a limit order, I will usually turn around and sell the 500 shares the following day. Rarely do I continue to add after getting a small partial fill.