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.
Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Kelvin Taylor who wrote (2076)11/30/1998 8:18:00 PM
From: Chucky  Read Replies (2) | Respond to of 4903
 
Kelvin, Re:"stop limit orders is the only way to prevent surprises"

Maybe I'm confused about stops, but I think it's the other way around isn't it? A stop would activate a market order as soon as the stop is reached. There was no guarantee that the stock would bounce back to execute a limit order. If ONSL kept falling, a stop would have been a lot better to get out rather than waiting for a limit to be reached--that is if you really want out of the stock.

Later
Chucky