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To: David Colvin who wrote (17317)5/17/1999 7:28:00 PM
From: J. Nelson  Respond to of 22810
 
Dave: Well said....

I was just telling you that a market order on a open BB issue is going to get creamed by a MM. at any entry. I used one and learned in a fast market it can happen also. Yet your right on the .018 stuff that's a great time yet they can move it to .025 or more also and back with you holding the bag.

Good trading to you.
Jim....



To: David Colvin who wrote (17317)5/17/1999 9:29:00 PM
From: Errick  Respond to of 22810
 
I try to use limit orders on BB stocks, however there are times that one has to at least consider placing a market order. I have done market orders in BBs before....I don't like to, but I do understand the risk in using them, so I am very careful when and how they are used as well as the number of shares I'm trying to move.

All in all, I would never argue with success, so do what works and hopefully we'll all make some money on this one. It sounds like your already in the money...good for you!

I'm anxious for them to get their act together on the news releases.

Errick



To: David Colvin who wrote (17317)5/17/1999 11:36:00 PM
From: Lance  Read Replies (1) | Respond to of 22810
 
So David...what was your profit in IOM? Lance.. Long time NPEC'r