Replies to post #4736 on 02 Secure Wireless, Inc. (OTOW)

[octagramt]

very good, that's why you need to use liquid route (oh no, that's a dreaded market marker! they're the bad guys right?!?! haha, no. that's the misconception on this board, market makers are the routes you use (or your broker if you are not using direct access to execute your orders) to execute your stop loss. You're right, you will get raped if you set up your stop loss order as a market order, so you need to set it up as a limit order if you can. Can meaning there is enough liquidity in the stock. That's the problem with OTC.OB/Pink Sheet stocks. Many times the stock is illiquid, so because you were able to get them on the cheap, you got a million share position for about $1000-$4000 depended on how you built your position, and then if you need to get out, you're in a bind.