To: DAY TRADER who wrote (30) | 4/18/1999 6:01:00 PM | From: Stephanie M | | |
Interesting I forgot I even owned it. Does this just have to do with merger. I am in the dark does anyone know anything.
TIA
Steph |
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To: DAY TRADER who wrote (33) | 4/18/1999 10:44:00 PM | From: Blayton | | |
Looks like a move to take over the corp. - notice it only moved 77K shares even with all of that price increase. people are holding on to it, and paying a premium to get more.
I had been holding mine, but sold on Fri. at 7 1/2 however. May get back in it there is a reason to; but it may be very hard. |
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To: DAY TRADER who wrote (35) | 4/19/1999 9:24:00 PM | From: Blayton | | |
Day Trader, <OT>
I use E*Trade to execute and I monitor my positions with My Track Level II. I was so busy watching another position, I did not notice NCLS's upward movement until it was almost at 2. I had set my alarm for it at 4.62 and placed it in my "lost cause bin" after the reverse split, and had not paid it much attention since then. I then kept coming back to it frequently until it hit 4 and then I kept it on my screen. I tried to set a stop limit at 6 1/2, but I got an error message. After the bid reached 7, I was prepared to sell while the elevator was still going up, but then the bid moved up to 7 1/2 and the momentum just started to slow down slightly. I held my breath and entered a sell order at 7 1/2. At first I thought that I had missed it, because the bid began to drop, but later I got a confirmation of the sale.
I try to sell when the upward movement is still fast. I lose the maximum potential of the return, but I prefer that to missing the sell and sliding back to a position that is underwater [which happens too, when I am not careful].
I guess I said all of this to say that sometimes it executes, and sometimes it doesn't. |
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