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Re: RAGE1 post# 7649

Monday, 06/06/2011 3:48:43 PM

Monday, June 06, 2011 3:48:43 PM

Post# of 19899
Rage that is an excellent point! Never ever use stop loss order in the OTC market, remember when you place a order in the system it's electronic information it's not sitting behind a wall of sandbags. Have you got L2 isn't that a great tool! Well they have L3! if the MM's want your shares they can drive the PPS down to where your stop loss is triggered and buh-bye there go your shares.So you come home from work and see you just executed a sell for a loss based on where the market closed cause they are only running down to get your shares. They want their profit so the will drive it up a bit and resell your shares to me. Nice little viscious circle don't ya think!

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