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Re: Dobie Lama post# 24718

Wednesday, 08/06/2008 9:50:22 PM

Wednesday, August 06, 2008 9:50:22 PM

Post# of 165854
It depends on how much you want and how fast. If you want 1,000,000 shares, try hitting the ask for small amounts every once in a while, but keep a bid there too. If you try to get that many shares at the bottom, you wont, then you'll be chasing half way up the run. When you finally get your fill, it will pull back and you'll not be happy.

If you're just getting 50K or 100K, just load up. You know what you have, dont worry if you didn't guess the bottom. For the first time EVER last week I purchased a stock at it's low and sold it at it's high, and I've got a few trades under my belt.