Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : SkyMall (SKYM) -- Ignore unavailable to you. Want to Upgrade?

To: klinetime who wrote (140)	12/26/1998 5:34:00 PM
From: Tevyah	Read Replies (3) \| Respond to of 987

Craig, Patric, and all ... Wed eve I decided to buy SKYM early the following morning, would try with a limit of 6 1/2. As you know the premarket indications bumped the price up and it opened at/near 6 7/8 - 7 (size 10x216). The size was somewhat concerning but I realized that only a bolder move would get the shares. At the open, I PLACED A MARKET ORDER that was then filled at 7. As the bid then backed off, 6 3/4, 6 5/8, .. I thought I had just bought the farm. The rest (so far at least) is history, and I still have those shares. I stongly feel that if I had gone in with a "limit of 7" that I would never have been filled. At about 9:34 the bid was already 7. Would I have bought in later? I don't know. But in this case backing up my decision with a MARKET order worked just fine! Patric: You may not have been treated unfairly! My notes show: 9:46 12 7/8 - 13 9:48 10 5/8 - 10 7/8 9:54 8 15/16 - 9 9:54 9 1/2 - 9 5/8 10:04 10 5/16 - 10 3/8 Good luck! Ken