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to go a few days with 0 tradeing.there are a few ohers i am paper tradeing with and have no activity at all advc,apmc,koop,cytp, sorry for the stupid question but i am new thanks
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BEEFCAKE ("GENERALLY") stocks with limited volume when purchased, lock you in and won't let you out at a price beneficial to you. I am sure others will veryify this VAN
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quote:Originally posted by VNGNTN1: BEEFCAKE ("GENERALLY") stocks with limited volume when purchased, lock you in and won't let you out at a price beneficial to you. I am sure others will veryify this VAN
That's correct, and that is exactly what makes some of the investors here so weary of stocks like CMKM or INOV... they may never be able to get out...
[This message has been edited by cdrj1 (edited February 09, 2004).]
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thanks for the info. i was a little confussed on it.. this is a great board and you guys are makeing this a good learning tool. thanks
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quote:Originally posted by r.douglas: how can we find out before hand what stocks are like that? lock you in that is..
Look at volume and volitility in the price--not enough in either and you may be stuck in your position. Also consider "the electronic systems" used to trade stocks. For example, Ameritrade won't let you enter a $ figure smaller than .0001; if you bought CMKM at .0001 and wanted to get out at say .00009 (to cut your losses/move to another stock) you could not even place such an order since the system won't accept it. (I'm not sure what the smallest fraction of a cent any of the exchanges use.)
Something to keep in mind which might be different between "paper trading" and real world trading.
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