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To: The Flying Crane who wrote (645)8/6/1998 7:41:00 PM
From: Stan  Read Replies (1) | Respond to of 40688
 
To all:

From my experience and observations, stop loss orders in OTC stocks are always taken, especially if they're "good-til-canceled." Look at it from the MMs point of view: a stop loss is a GUARANTEED buy for them at a low price. All they have to do is drop the b/a until they're taken. It's like blood in the water . . .

It's better not to have money involved in OTC if the dips can't be ridden out.

Stan


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