SI
SI
discoversearch

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.
Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: Dave Hanson who wrote (8918)6/28/1998 4:19:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 16892
 
<<<Are you just referring to entering a safely out of the money limit order before the trading day, then a new order nearer the market when you want to execute?>>>

Yes, I put in an order to short CCSI Friday at 6 when the common was trading at 5 1/4, had I decided to execute it, I would have done so on the phone. Datek made CCSI no margin because it closed below 5, and it didn't matter to the server that it was 5 7/16 x 1/2 at the time. I missed a nice trade because of that.

Barb