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Microcap & Penny Stocks : HeartSoft Incorporated (HTSF) -- Ignore unavailable to you. Want to Upgrade?


To: Laszlo who wrote (967)1/25/1999 1:11:00 AM
From: Richard L. Williams  Read Replies (1) | Respond to of 1781
 
Hi, Laszlo!
I asked our local stock guru, who happens to be my boss, how a stop-loss can be put in on a penny stock. He said that such a service is not available to the average person, but can be done by brokerage houses for people with large accounts that are willing to take their chances outside of the normal rules that "protect" you and me. Market makers may also put stop losses in on stock they hold long, and there was a third class that can put in stop losses, but I can't recall that one.

So whoever's stock got stop-lossed out on Friday, it wasn't likely to be anybody you or I know... They won't appear on this thread to bemoan their loss to the other shareholders.

HTSF provided a lovely little game for the MM's last week....and we are less than nine hours from the next chapter in this story. I won't be glued to my screen, but I will be around tomorrow.

Cheers!
Rick