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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Jimmy Dell who wrote (18154)11/28/1998 11:57:00 PM
From: Stcg  Respond to of 119973
 
Agree - Market Orders on these hi-flyers, Sooner you are in the better! >><<



To: Jimmy Dell who wrote (18154)11/29/1998 12:24:00 AM
From: JEB  Read Replies (2) | Respond to of 119973
 
Limit orders placed a 1/4 to a 1/2 (Depending on how far you expect the stock to rally) above the ask will get you in and protect you from paying too much.

This is a safer entry procedure than using a market order.

Too many horror stories on market orders.

If the stock gets away then you can usually catch it on a pull-back but you'll have to adjust your price and watch the tick chart for a good entry point.

Good trading,
JEB


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