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Sexton O Blake

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Sexton O Blake

Re: Frank Pembleton post# 9337

Friday, 05/07/2004 11:56:49 AM

Friday, May 07, 2004 11:56:49 AM

Post# of 19037
CPST - I had an order to sell 1/3 at $3.58. That day it touch $3.52 or something.. that and a botched buy of MCD - I was physically watching both. For those kinds of stocks I have to change my tack once and for all - BUY and SELL AT MARKET. Those extra few cents are adding up to be huge missed opportunities - pissing around with limit orders.

No I cannot cry over woulda coulda shouldas nor how the MCD would have played out - but today I would have had a $1 profit on 1/3 of CPST -- because of poor execution and a few pennies.

Yes I agree...


"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)

"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.

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