Replies to post #61558 on High Performance Beverages Comp. (TBEV)

[joey67]

this is actually true and a good suggestion...



you would have to put in a high GTC order (like 30% to 40% above what it currently is) and your shares can't be borrowed by your broker.

you just need to be sure you adjust this order from time to time; wouldn't want to sell early!

GTC are also good because there have been times when a stock ran extremely high, and then crashed. by selling at a certain point in between, you still made a profit and can get back in without having taken a ridiculous loss.

ill probably place a GTC order at .25.. sounds ridiculous right now, but then again, it doesn't.

one way to practice is to set up a GTC order for 1 share, at, lets say, .002. and watch it go through. doing it is always the best way to learn.