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