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To: Tai Jin who wrote (1770)3/24/1998 9:12:00 AM
From: Wally Mastroly  Respond to of 3351
 
You are correct. If you place a stop limit order and the stock opens lower than that price the order will "trigger" but not execute unless the price comes back up to that number. (If it never comes back up it will never execute). I have not experienced that situation but I just spoke to someone who has & this is the explanation provided by his broker.