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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: RR who wrote (58392)6/11/2003 3:28:51 PM
From: Dealer  Respond to of 65232
 
Thanks RR! Up 34% right now.....I got in around 28% up.

dealie



To: RR who wrote (58392)6/11/2003 4:16:13 PM
From: Dealer  Read Replies (2) | Respond to of 65232
 
Hi RR! Well they got me today on my stop. I saw them do it on QCOM in the last few minutes of trading in 1999.

I bought at 7.59 when the stock got to 7.98
I put in a 5% stop at 7.53
Within 10 minutes, and 15 minutes til close they stopped me out
Orders were going through at 7.61
I put in a buy at 7.62......No deal
I put in Market order and got it back at at 7.70
Within a few minutes it was back to 7.98.....5% move up and down in a couple of minutes.......:-(

CROOKS!!! Perhaps these stops won't work on fast moving, low float stocks........they will just go down and pick them up.

dealie