Got A Hunch? Bet It Wisely

September, 1998

Want some advice? Never place a market order for what you believe will be a hot stock--especially when you've read about the stock in the newspapers.A lot of people lost a collective fortune last spring when they rushed to place "buy at the market" orders for shares in a company The New York Times reported might have come up with a cure for cancer.Placing a market order involves telling your broker to buy a specified number of shares in a stock at whatever the going price is--as oppose...

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