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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey L. Henken who wrote (263)3/23/1998 7:00:00 PM
From: Y2k_fan  Read Replies (3) | Respond to of 2887
 
Does anyone know how to set a limit price for penny stocks?

My broker (Waterhouse) only permit 1/32 incremental which is too coarse for stocks like ABMI.

I normally have to use market order, but with today's action, market order is really dangerous.

Still accumulating.



To: Jeffrey L. Henken who wrote (263)3/23/1998 9:35:00 PM
From: chip  Read Replies (1) | Respond to of 2887
 
It still amazes me to watch how much power there can be in a stock's movement. The analogy to a rocket is pretty apt. When the stock started to take off today I just had to sit there and watch ... even with my twenty minute quote delay!

Chip


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