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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Greg Peckton who wrote (3008)4/10/1999 3:50:00 PM
From: GraceZ  Read Replies (1) | Respond to of 28311
 
Market order
Call me paranoid, but I always use limit orders when buying a small float stock like this. Sometimes you'll see almost 1/2 point spread between the bid and the ask, so if you hit on the bid you are already ahead. This is most probably the reason that my orders get filled just a little at a time, it can be a little hairy if it is moving up fast. Sometimes you miss and sometimes when you see the stock down at the end of a session, you are glad that you did miss and that you didn't chase it up. Of course, there are the times when it just gets away and never comes back. I had an order a few weeks ago for EGRP at 55....missed by 1/8 and it never looked back, I refused to chase....I don't even want to look at it now, it makes me crazy!