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Astex Pharmaceuticals, Inc. Message Board

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  • toolatetrade toolatetrade Nov 26, 2004 4:19 PM Flag

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    we closed tday @ 6.25. if supg dose not get fda approval and you have a tight stop at, say 6. the first opening price is likely to be
    well below 6. you will be filled at the opening bid/ask price, or a gap down price of , say 4 dollars unless you place a limit order at 6 with a do not reduce. in that case you will not get filled at all because the stock opened at 4 and will trade up or down from the opening gap down price. your stop, in this case is worthless.

 
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