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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (4698)1/2/1999 10:19:00 PM
From: HandsOn  Read Replies (1) | Respond to of 90042
 
If a stock has good volume and is not a large cap, I don't see that as a liquidity problem re selling it.



To: Junkyardawg who wrote (4698)1/2/1999 11:58:00 PM
From: Glenn  Read Replies (1) | Respond to of 90042
 
Not bad.
A lot of reasons.

One is it's to hard to dump them when you pick a dawg, yes it happens (smiles, too often). Why do you think I shudder at volume stocks?

Second is it really is better to find several winners than do double or nothing on one. Its fun to watch a winner and pay for the others.
Ocassionally it's really fun when they all hit.

Third, watch a low volume stock drop as you dump 2k of stock.
The mm's foam at the mouth as they strip you.

Unless I hear otherwise, I will let 1k be the limit, and maybe that is too high.
I believe PaulA stated today that one k is too high. I'm curious on his reply to this statement.
Anyways, with the stocks I like to play, a 1k limit is enough.
Smiles,
Glenn