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titan11

06/06/11 3:48 PM

#7652 RE: RAGE1 #7649

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!