Forum Archive Index - March 2000

["Damian Feuilherade" <sky@paradise.net.nz>]

Using Savoy as an example..... lets assume there are many excited people out
there who are keen to jump onto the Savoy bus tomorrow. They closed at .067
today. The hype is they will be the up & up for another day or two. What
tactics (if any) do you people out there use to get their best possible
price. If one put in a buy order at .067 tonight on Access's Web Broker the
chances of getting that order fulfilled first thing in the morning are
probably not that great. So what do you do?? Do you order at market??.... Do
you put in a ridiculous order at say .08 to ensure your order gets
fulfilled? Or are there other ways to have a better chance of getting the
price you want, other than walking into a brokerage with two suitcases full
of $100 bills.

I have not done enough of my own homework on SVY and will not buy tomorrow,
but this SVY scenario has prompted this question because I have missed out
on other opportunities in the past.

Any help trying to improve my understanding of this situation would be most
appreciated... even if it is to confirm that there is nothing you can do but
play your cards.

Cheers Damian


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