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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: J.F.K. who wrote (2190)5/22/1998 3:04:00 PM
From: Just-a-thought  Respond to of 11850
 
Afternoon bcook,

Remember,

NO STOP LOSS TRADES!'.....JUST DON"T!

People use them as 'baby sitters' while they go to work..

'When dealing with pennies "DON'T PLACE STOP LOSS TRADES".

......The MM's love'em, when a stock starts

To experience 'normal profit taking'..

(or any selling pressure)

They reach down and gobble up 'stoploss trades'....

( its a FREE LUNCH for them!!)

they then move the price even lower!!...(they love it!!)

They'll use limit 'buy orders' to make them look like 'SELLS'.

'walk it down ever more!!'...

Costs them some $, but if they can induce a....

'panic sell-off'...more than worth 10xs the price!!

"DON'T LET THEM USE YOU!"

There laughing at us all the way to the bank!!!

If we keep shooting ourselves, with....

'stop loss/limit' orders...(on pennies)

(who needs 'Kavorkian'!)

.... pretty soon we'll hit a vital organ!....like....

Our wallets or checkbook!!!..

Too many times at the end of a trading day we say 'OUCH'....

and wounder.....'What happened' to my stock!!......

This one reason as to what happened..

Just-A-Thought