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Tenet Healthcare Corp. Message Board

  • georgespelvin Apr 11, 2011 9:54 PM Flag

    The wonders of the Stop Limit Sell Order

    Two days ago I got antsy about this position. I have been long since the mid 4's. 6,000 shares. Two days ago I put a Stop Loss Limit order on it at $7.25 wiht a limit of $7.15. They all executed at around $7.20. I just remembered and saw it.
    Wow. Pretty neat.
    80 cents ago. times 6,000 shares. And I was not even paying attention until tonight.

    Not a bad idea.

    Back in the Internet Bubble Bursting days I went on vacation and put stops under Cisco, Oracle and Sun. Got stopped out when I got home. Saved some money but amnaged to ride Microsoft down to a pittance.

    Something like this, though, really does lend itself to this kind of insurance.

    Question is: should I get back in? I think so. government will send over their Bernie Madoff investigators. Government could not find a pigeon on a ledge.

23.52-0.10(-0.42%)Oct 20 4:02 PMEDT