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Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?

To: CHARLIE BALLANCE who wrote (2440)	3/16/1998 11:53:00 PM
From: J.R.	Read Replies (2) \| Respond to of 6654

OK-Back to the topic of this thread--CVIA. For anyone interested in online discount brokers, there are some OTHER great threads on SI which go into great detail about that topic. Unfortuanately, I am not able to cut and paste a URL, so please go check them out for yourself. Anyone think that 3 million plus trade was just a cross-trade? Anyway, once an update is finally given to us regarding the merger, much of what has happened over the past few days will all be irrelevant. Let's see if we can finally get this poor stigma (stock price) out of the way already. Oh, welcome back to the thread, Brad.

To: CHARLIE BALLANCE who wrote (2440)	3/17/1998 1:08:00 PM
From: campe	Read Replies (1) \| Respond to of 6654

Kinda Off Topic, however, it might help someone else besides Charlie... Hey Charlie, I'm no Guru, and so I can only share MY experiences... A Market Order (to Buy or Sell) tells your broker you want IN or OUT at whatever price they can get you AT THE MOMENT. What happens is that you order may be delayed and the price at that moment can go up or down before it is executed. On a fast run, this can Kill you... A Limit Order (to Buy or Sell) tells your broker what is the Max you'll pay (on a Buy) or the Min you'll take (on a Sell). The Market Makers (MM) don't have to accept it unless it is at the current Bid/Ask. To Buy: If your Limit is higher than the current Ask, you should get it at the cheaper price (the Ask). On a fast run, Limits can be missed real quick so you can put in a Limit at a price slightly higher than the going Ask. Similar for sells, just in the other direction. If Suretrade won't accept decimals on internet buys, CALL your buys in using a Limit order by talking to a REAL broker. If they still won't accept decimals, FIND a new brokerage house. You CANNOT trade pennies with just Market Orders. You'll get killed by the MM. STOP Limits is an automatic Sell order that gets executed if the price falls to your set limit. Allows you to not lose too much if the bottom falls our of a stock. If you place it too close to the current Bid, the MM may lower the Bid JUST to take away your shares, and then the raise it again. So, use them with caution. On these pennies with large volume, you might get away with getting an Limit order filled below the ask if a big sell comes in below that. Other than that, I don't believe that there is any restriction on how low below the Ask you want to put your Limit Order in. It'll just get by-passed an not filled. Hope this helps, and if anyone else has further trading comments, please chime in... Meanwhile Charlie, here's a good place to ask questions in the future. Subject 19660