Re: [CANSLIM] odd/mixed lots and splits

From: Dave Cameron <dfcameron@ameritech.net>
Subject: Re: [CANSLIM] odd/mixed lots and splits
Date: Tue, 20 Apr 1999 21:52:30 -0500

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Mike,

I've never had that problem with Burke, Christensen, & Lewis
(www.bclnet.com).   In fact, I owned AMGN, but I had bought
100 shares - pre-split.   So, my stop loss got converted to
200.   Guess its not a fair comparison.

BTW, regarding AMGN:   I got stopped out around 69 - and I
see it bounced back big-time today on reported earnings.

Dave

mikelu wrote:
> 
> I just found out that if you have a sell-stop for, for example, 110 shares
> of MSFT when it splits 2-for-1, you will end up with a sell-stop for 200
> shares. Schwab says this is the rule for both NYSE and Nasdaq.
> 
> I was surprised when I didn't sell all of my shares of MSFT, SUNW, and AMGN,
> and was wondering how I had made so many mistakes entering my orders.
> 
> Mike
> 
> -

- -

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