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


To: Pepper1 who wrote (2212)5/22/1998 3:36:00 PM
From: Auricman  Respond to of 11850
 
Stupid question..

When you see bid/ask number like .51(25) by .53(25) what does the 25 mean"
thanks



To: Pepper1 who wrote (2212)5/22/1998 3:37:00 PM
From: sandstuff  Read Replies (1) | Respond to of 11850
 
I don't know about you guys, but just about every stock I own is down today.



To: Pepper1 who wrote (2212)5/22/1998 3:39:00 PM
From: Just-a-thought  Read Replies (2) | Respond to of 11850
 
SIMON,

Read this, do us all a favor!

'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