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Re: willsimon post# 2838

Monday, 06/06/2005 6:00:49 PM

Monday, June 06, 2005 6:00:49 PM

Post# of 44374
Mide can clarify for himself but I believe his intentions were geared towards this specfic circumstance and is relative to penny stocks.

The application of stop losses in my mind apply more to well established stocks where a 25% intraday drop is not common and would trigger a stop loss to protect your investment. In the circumstances GTE is in a stop loss does not make sense as the MM's can play the signal with great effeciency as the pps has greater ease of movement.



~John~

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