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you're putting in an order to sell at $41 when the stock is at $45?....why?

good till canceled means, it'll trigger the sell when the stock price hits your sell price.

day means your order is only good for today.

Quote:

Originally Posted by OldFart 

you're putting in an order to sell at $41 when the stock is at $45?....why?

 

good till canceled means, it'll trigger the sell when the stock price hits your sell price.

 

day means your order is only good for today.

Wait, am I going crazy here? FB stock is only at $31ish now right?

Thanks for your explanations.

Quote:

Originally Posted by bemaii 

Wait, am I going crazy here? FB stock is only at $31ish now right?

Thanks for your explanations.

whoops...was looking at the "all time high"...lol....sorry about that....next time I'll think before I type

Who doesn't like a good short play

u cannot short FB...

does anyone think that FB will ever be back up in the $40s?

Quote:

Originally Posted by bemaii 

does anyone think that FB will ever be back up in the $40s?

It certainly could be, but it was far too early to guess what this stock is going to do. It seems very expensive at these prices, but it is a very popular company, and one of the most popular IPOs. If the stock performs well, every fund is going to have to have it. However, if it performs poorly, nobody is going to want it except for the die-hards. The stock has some powerful people holding it, so while they are stuck with their shares I certainly wouldn't bet against it.

http://www.cnbc.com/id/47520037

Very interesting read on what may have contributed to the down day yesterday. Everybody was selling so they could claim the loss to NASDAQ - for those who tried to sell Friday but the order didn't go through.

Quote:

Originally Posted by BobK 

 

Bob that fucking avatar is classic man; love it. Hilarious.

Quote:

Originally Posted by bemaii 

does anyone think that FB will ever be back up in the $40s?

Sept 2028

Quote:

Originally Posted by ze20001984 

u cannot short FB...

I sold 300 shares on Friday when I owned zero.  I know that's a short position and not a short sale but the end result is pretty similar.

I don't know why I'm so intrigued. I don't have a position here. I don't have a myface or spacebook account. Is it bad for me to wishing for this thing to take a dookey down to 12 bucks; because for some reason I am.

After a few months when all the insiders get to sell, there will be more pressure.

Up pre-market, still think the bottom is around $25.  

Why is everyone giving into this Fbook hype....I mean what are really buying here? This pos already dropped pretty much 10 bucks, whoever has it get out today. This stock will drop down to low 20s and hover around that mark. The # of buys are incredible and it still drops. There is plenty of better buys in the market avoid this one by any means. I wish there were a short option i would go all in

lots of hate, i got in premarket. GL all.

i got out yesterday and i don't want anything to do with this company. what a bunch of BS.. if anybody should be sued its zuckerburg and his finacial director. I'm looking into mutual funds i don't want to lose again

Quote:

Originally Posted by jaycesin 

lots of hate, i got in premarket. GL all.

same - using a tight stop, scalp a few today hopefully

GET YOUR MONEY BACK

Anyone that had a problem can get their money back. I urge you to read this and subscribe to Gerri's blog.

If you have been impacted, the right thing to do is contact your broker, and register a dispute.

You don't even need to have details of your trade on hand because the brokerage will have it in their computer system.

Any reimbursement will come from the brokerage, but ultimately, the nasdaq may be on the hook.

Quote:

Originally Posted by iron883 

i got out yesterday and i don't want anything to do with this company. what a bunch of BS.. if anybody should be sued its zuckerburg and his finacial director. I'm looking into mutual funds i don't want to lose again

stocks go up and down, its not mark zuckerburgs fault, too early to blame anyone i think.