Replies to post #24809 on Pharmagen Inc (PHRX)

[Wilhelm1]

Would turn into a market order at 1.50 and the absolute limit would be .80. Tighten your limit up. JMO

[Love the Market]

I'm guessing Stop Losses don't work during a crash because the share price is dropping faster than they can fill orders..... I guess they're only good on stable stocks - big boards, etc, but I know NOTHING of the details.

I have been told not to use them or the MMs will "stop you out" - grab your shares at your low price, and then let the price rise again....