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Microcap & Penny Stocks : RMS TITANIC INC (SOST) -- Ignore unavailable to you. Want to Upgrade?


To: Sam Biller who wrote (170)5/20/1999 2:17:00 AM
From: Michael Paul Langley  Read Replies (1) | Respond to of 217
 
Sam, you're right never use market orders on BB. I use Discover brokerage AND I always use limit orders on BB or Nasdaq,etc. (If I can't get the price I want or better I will move on for the time being). MM's really try to jerk around the price on SOST (sometimes bid has been around $1.50 with ask over $2.00). ANYTIME volume is light and the share price is dropping significantly (like Tuesday's 20% drop)it is a true buying opportunity into SOST. I really love this stock but I intend to sell most of my position at $2.25 or so hoping to re-enter at a lower price and starting the cycle all over again.