Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: jefferson who wrote (6623)	5/6/1998 12:45:00 AM
From: LzzrdKing	Read Replies (3) \| Respond to of 7396

<<I looked at ARTS on monday. At one point the bid was 22 1/8 and the ask was 22 3/4. What is going on when a stock has such a big spread? How do you find a buying point?>> ARTS got some nice earnings upgrades on first call today as did MODT and PEGS. I am in all three. These days spread is not that big a deal to me, in fact I like these big spread stocks because with new nasd regulations I can buy at the bid or 1/16 above and sell at offer. I have done this for very nice profits on some stocks with spreads of a dollar or more many times, and very quickly flipping for a buck sometimes. The key here is to place limit orders, not all or none. market makers have to reflect your bid/offer. Anyone catch that KELL breakout near close, I am in.