InvestorsHub Logo
Followers 33
Posts 2371
Boards Moderated 0
Alias Born 05/31/2005

Re: alwright post# 177735

Tuesday, 09/01/2009 7:56:08 PM

Tuesday, September 01, 2009 7:56:08 PM

Post# of 361278
yes an aggressive low class broker with a new Market Order now since a Stop Order was triggered [without a Limit Price] would take the 30K share order down .10 from .70 to .60 [sell at .70 then do a print at $0.60 [buy it back] and bank the $3,000

not bad for 5 minutes of work - too bad his client got the worst fill of his life

But regardless - Done Everyday by OTC Brokers

so always use Limit Orders