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Technology Stocks : PC Connection, Inc. (PCCC) -- Ignore unavailable to you. Want to Upgrade?


To: CJacks who wrote (61)12/24/1998 12:49:00 PM
From: Smiley  Read Replies (5) | Respond to of 180
 
Please help me anyone. I watched real-time quotes this morning on PCCC. It was up 16 and 18 points. I placed a buy order 15 minutes before opening. I bought 1000 shares. It was executed at 38.5. Five minutes later the stock was down 10 points.

I am in a heap of mess. I have never lost money on anything like this scale. I started with $3000 and had built it up to $13,000. Now, I am in the hole big time. I almost panicked today and sold it, but I cannot pay off that type of loss.

Please tell me what happened to the stock. Why did it drop like a rock at the open. And more important, do you think it will make back any of this drop from 38.5 soon? Any advice or help is greatly appreciated. I am in shock and got physically sick from this. I don't know what to do.

Some great Christmas holiday this will be. I can't wait on the margin call.