Saturday, March 04, 2006

 

Nice job, AIH

It was a reasonably successful week for my portfolio, which gained $4,449 (0.7 percent), on par with the NASDAQ, and outpacing the S&P 500 (down 0.2 percent) and the Russell 2000 (up 0.2 percent).

I noticed this morning (this evening, my time) that AIH, a stock that has been on my watch list for many months now, delivered another strong earnings report. I put in an order to buy 1000 shares at $8.71. My order was partially filled (700 shares). Hopefully the stock will continue to move higher.

Comments:
why are your orders always partially filled, why dont you put in an all or none to fill your orders...
 
I own AIH as well - and have on and off for a few years. Two others in the staffing field that I own, and feel are excellent values are WSTF and JOB.

Good luck
 
His orders are often only partially filled because he's trying to trade illiquid low volume stocks. If he were to use an AON order, he'd probably get no fill at all. Of course, one of the problems with illiquid stocks is that the partial fill may only be for a few shares, a token fill so the market maker can get a commission for nothing. The other perhaps worse problems are that spreads tend to be high on illiquid stocks and it can be difficult to find a buyer or seller at all when you need one (on news).
 
Couldn't have said it better myself.. most of the time, I'd rather get some than none, even if some is not much.
 
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