PureBytes Links
Trading Reference Links
|
You did not say, but I assume you were liquidating a long postion. If
you were attempting to short egghead, they probably could not find any
stock to borrow. I hear it is very difficult to short the internet
stocks, as nobody has any stock to lend (You can sell in the money calls
though).
It's not really a market when only one side can play. It's going to be
interesting to see how this current internet fad develops.
Kevin
>
> Speaking of fills, it lloks like Datek screwed me today by holding my
> order when they should have executed it. I entered a limit order Friday
> to sell shares of Egghead Software at $31 1/2 / share. Egghead closed at
> a hair under that price and I was anticipating a spike up in the morning.
>
> Well come Monday I got my spike upwards as Egghead soared to $40 / share,
> however my limit order never executed even though my limit price had been
> exceeded by 9 whole points! Egghead traded around $38 / share for a full
> half hour before plummeting to $25 / share and I never got my fill!
>
|