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 : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?

To: Trio who wrote (6199)	2/4/1999 9:59:00 AM
From: Patric	Read Replies (1) \| Respond to of 27722

Protective stop? Not me--I am thinking of a limit order to buy some more @ 17 or 18, just in case someone tries to get cute with the price in the next 1/2 hour. #:~}>

To: Trio who wrote (6199)	2/4/1999 10:04:00 AM
From: PistolPete	Read Replies (1) \| Respond to of 27722

Protective stops... I watched a bunch of people get killed with those on WAVX the other day. The MMs jumped on them like bums on a bologna sandwich. The worst part is that if you put a stop on a stock and it crashes in a "fast market" they won't work anyway, the MMs are allowed to pretty much ignore them because of market conditions. In a 'normal' trading day, they hunt them down and grab them and then run the price back up (like they did with WAVX) and leave you on the sidelines. Mental stops...only way to go.