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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Vicrobi who wrote (1519)	12/9/1998 8:01:00 PM
From: Cookie Monster	Read Replies (1) \| Respond to of 56535

What did you buy at? I heard that the NBC story was great....showed a little kid's life being saved by the technology.....but no mention of the company name?? (Curiously enough??)

To: Vicrobi who wrote (1519)	12/9/1998 8:16:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

Vicki: ASTM - that is a tough one. You could put in a market sell but that isn't a very good solution at all. If you believe in the company, and its recent breakthrough you could hold long. If somehow we can find how it is doing after hours just before you leave you could put in a sell limit below the gap price if there is one. Triffin, any suggestions here. TJ

To: Vicrobi who wrote (1519)	12/9/1998 8:32:00 PM
From: hoffy	Respond to of 56535

Vikki: I agree with Trader J. Putting in a market order to sell at the open is dangerous. You never know what the market makers could do with it. If it's going to fly they could take some of the small sell orders at the start so they can accumulate before it gaps up. Yes they can do that. They just open it at a price and then jump it right away. I usually like to wait a few minutes and let things settle before I sell or buy anything in the AM. Usually a market order at the open means you get screwed. Either buying or selling. WIth the low price ASTM might even be a hold. Their technology is real and they will be presenting it at a medical conference, I believe on Dec 12th. Also unlike GERN, their technology is ready for application in Europe, not 3-4 years away.