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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Market orders: beware
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Post by roberto146 on Feb 15, 2011 9:21am

Market orders: beware

The usual suspects are lurking.

Example: ETMM bid .0001 ask 100.75

VERT: bid .0001 ask 1.25

It just takes a small gap in the action for these guys to get their way.

Comment by stockarchangel on Feb 15, 2011 10:15am
Real-Time Level 2 Quote Montage There are no quotes for DLKM BID MPID Bid Price Size Date/Time NITE 0.68 2500 02/14 RODM 0.65 2500 02/10 HDSN 0.636 2500 02/10  ...more  
Comment by roberto146 on Feb 15, 2011 10:40am
Definitely a few sharks in there
Comment by stockarchangel on Feb 15, 2011 10:49am
Bottom line is you should NEVER put in a market order. Quite frankly, if you don't know what you're doing, you shouldn't be investing online..........and if you are, without attempting to acquire at least the minimum knowledge, you deserve what you get. I believe most online houses now don't even give you the option of market orders because of the "stupid" factor.
Comment by traveller180 on Feb 15, 2011 1:47pm
My online broker sure doesn't give you the option. Definitely WATCH WHAT YOU'RE DOING.
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