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 : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?

To: PAL who wrote (2920)	1/12/1999 4:11:00 AM
From: Lurker	Respond to of 5102

I think selling at the top is just luck. I bought in at 19 9/16 after reading the business Week article last week. I woke up this morning and saw that it went up to 32 and was headed down. I put in a sell order (limit) for 30. When they asked for confirmation, they showed the last trade at 31.5. So, I reentered my limit sell order for 31. When I got to the confirmation screen, it showed the last sale as 32.5. So, I reentered my sell order for 32. When I got to the confirmation screen and the last trade was 33.5. I reentered 33 and the last trade was 34.5. I reentered 34 and the last trade was 35.5. I reentered 35 and the last trade was 36.5. This all took place in 5 minutes. I was sweating bullets. So, I reentered 37 (instead of 36) and the last trade was 37.5. I hit the "confirm" button. I watched the realtime quotes as the price topped out at 38 and then begin to drop. I was later E-mailed that my stock was sold at 37 3/16. So, I made an extra 6 points and sold near the top by pure luck (and a slow typing hand). Thank you all for the great info on this issue. Since I bought on margin, I was able to triple my money in a week. Lurker (On to other game.)