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Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?

To: flyintigress who wrote (2400)	3/17/1999 11:08:00 AM
From: BlueCheap	Read Replies (2) \| Respond to of 3501

Top Volume Trades from 9:34am to current, ALL at 3/4: 50,000; 40,000; 5,800; 4,900; 4,700; 4,000; 4,000; 3,400; 3,300 I also saw where the specialist have had it at 1/2 a couple of times and 9/16 a couple of times, 5/8 several times. I point this out to show how dangrous it is to set Stop Loss Limit Orders until the price has reached a level to which you can follow FAR behind the trading range with such an order. They do serve a purpose BUT it is also one of the QUICKEST ways for the Specialist to just flat TAKE your shares. As appears now there are BUYERS and few sellers, SO, the specialist will need to continue to RAISE the price until shares come in for SELL to fill orders. If the Specialist SEES your Stop Loss Limit order sitting at 5/8, then he/she may reach back a just PAY YOU OFF, then within seconds someone else owns YOUR shares at 3/4 and the Specilist makes a easy 1/8. If you want those shares back, you will pay no less than the top price plus comm., unless there are enough selling to lower that price. Just wanted to remind some here of this. Would be a sick feeling to have held MSN at a 1/2 for several months, sell for a 1/8 profit, then watch as the stock climbs... Of course no one knows this gain will be sustained and the seller may be correct, I am doubting that but I've been wrong plenty of times before ;^) Regards, Malcolm