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 : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Guy Gordon who wrote (21291)	3/10/1999 8:03:00 AM
From: orkrious	Respond to of 25960

OT Guy, a word of unsolicited advice. Always, always use limit orders when trading options. Options traders are worse than used-car salesman on the honesty scale. Jay

To: Guy Gordon who wrote (21291)	3/10/1999 10:04:00 AM
From: ScotMcI	Read Replies (2) \| Respond to of 25960

I'll second Jay's advice to always use limit orders. In fact, I use limit orders on stock trades too. It only takes a couple of questionable fills to make one a believer. I recall one time that I was in a stock chat room during market hours, and someone said that they had received a fill on a stock purchase of Intel, and that it had been for a price quite a bit out of line with what I had seen. I went back thru the trade-by-trade record around the time he bought, and there hadn't been a trade within $2 of the price he paid! In this case, I suspect his broker filled the order out of inventory and shafted him on the price. Trust no one.