Replies to post #6038 on ALL THINGS AWESOME (ATA)

[meegwell]

If allowed by your broker throw one in but nobody, regardless of what broker, can count on them and somewhere that was agreed to in the fine print.

For the OP on this topic, I forget who said they will just put in a stop with etrade, the bid ask spread in a dump is just to wide and the movement too fast.

One may, if allowed by broker, have a stop in at .35. As the price is tumbling down .35 may be skipped over or only a few hundred shares filled by the first guy in line at that price.....and you were fifty guys deep in line. On to .32...30...27....

Now, your stop is passed, order canceled, and you're not at your computer to catch the falling knife!!!