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Contributor ○○

Re: Throw in the towel on EPD and MMP?

Chang, these things jump around quite a bit. If you've just decided to sell, I'd start by putting in a limit order to sell at today's price plus a few percent. You're not in a hurry are you?

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Frequent Contributor

Re: Throw in the towel on EPD and MMP?

@PN No, I’m not, but with investments I’ve always believed that if it were done when ‘tis done, then ‘twere well it were done quickly.

20 years from now, it won’t matter at what price I sold it, nor at what price I bought whatever it is that I buy.

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Contributor ○○

Re: Throw in the towel on EPD and MMP?

We all have our religion. And using limit orders to get good prices can be an irritant if the prices run away from you ; )

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Frequent Contributor

Re: Throw in the towel on EPD and MMP?


@PN wrote:

And using limit orders to get good prices can be an irritant if the prices run away from you ; )


Ain’t that the truth. I think limit orders are overused (relative to market orders). Some people will spend hours staring at a screen waiting for a stock trading at $83.01-83.02 to get all the way down to $83.00.

(The ironic thing is that they’ll place a limit order AND still stare at the screen watching the price!)

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