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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: eDollar.com who wrote (4472)6/4/1999 10:34:00 AM
From: eDollar.com  Read Replies (3) | Respond to of 16809
 
I think it is not possible to get the list of flippers and update with a single trade every day. They must be running some sort of periodic job, and it is complex to determine.

Condider this scenario:
I get 100 shares of stock X in my account at WIT.
The day it opens I buy 100 More from the open market of the same stock
Next day I sell it 100.

Now is this flipping? Not in my opinion. I can argue I sold the chunk I bought in open market.