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Stock Market Today : May 14th - 18th - Page 52

post #1021 of 1030
Quote:
Originally Posted by Rock Sexton View Post

Nate .... seriously just wire me your money.  

No! Me first, Rock!

Your UNG Calls look like they're going to turn out pretty well for you!
post #1022 of 1030

$FB really have 530 Million in volume?

post #1023 of 1030
Quote:
Originally Posted by Stock King View Post

$FB really have 530 Million in volume?

Yup, c. 75-85mm in the first minute, just sick
post #1024 of 1030
Quote:
Originally Posted by bluestaq View Post

Ridiculous money flow out of Facebook today..never seen a number so high.  CNBC was working up the hype on Facebook so their crony bank buddies wouldn't have to shell out a big chunk to support the price at 38, which ended up happening anyway.  

Great analysis, good grab of the money flow info. FB appeared to pass the initial demand test after all the selling was done just after the open. Then it attempted to get over 43 but never could, at one point it looked like it would. In the end I think we will look back and say FB did a good job of supplying enough shares to keep it from running to 70 then crashing in the next few weeks... This is far from over, there might be a lot of buyers in the IPO range, a lot of it depends on how much supply big money and specifically the IPO book runners soaked up. Still a good chance for FB to provide some bullish energy to the markets, but if we saw a lasting top, the timing of the IPO might end up proving to be awful. I honestly think FB will be as much a bellwether for the market's success as the market will be for FB's. Call me crazy, but given the hype leading into the IPO, there has to be some pent up energy FB will unleash in the next two weeks.
post #1025 of 1030

I know I am an idiot for trying to buy Facebook. That being said, Since facebook is NOT in my account at the moment is it safe for me to assume that I dont own the stock?

 

Could scottrade legally put the stock in my account in the next few days?

 

At market close the pending modify order *a pending market order which was originally a limit order* disapeared without a trace not even a cancellation and I got all my buying power back. I rebought all of my apple stock.

post #1026 of 1030
Thread Starter 
Quote:
Originally Posted by Nate01 View Post

I know I am an idiot for trying to buy Facebook. That being said, Since facebook is NOT in my account at the moment is it safe for me to assume that I dont own the stock?

 

Could scottrade legally put the stock in my account in the next few days?

 

At market close the pending modify order *a pending market order which was originally a limit order* disapeared without a trace not even a cancellation and I got all my buying power back. I rebought all of my apple stock.

 

You are not the only one, a few people have mentioned having similar issues.

 

They tried to buy, then sell, then it turned out they never had it in the first place so they are short...

 

Come Monday the clearence dept at all the brokers will have a tough time going through all the issues that will be hitting them.

post #1027 of 1030
Originally Posted by Internationalstocks View Post
He picked an ugly one though tongue.gif

She must do things the others don't confused.gif

post #1028 of 1030

Goes a G8 summit move the markets? I did a little (and I mean little) research to find out if the New World Order hmm I mean our world leaders can move the markets immediately ...

 

Dates sourced at : http://en.wikipedia.org/wiki/G8

 

Dates plotted: July 7–9, 2008 , July 8–10, 2009, June 25–26, 2010, May 26–27, 2011.

 

Hoping I do not pay to stiffer penalty for being dithery as I almost sold out all my short but decided to *hang in there * To make matters worse being in Canada the markets are closed to me on monday so I have to wait until tuesday to see the damage.. if any.

 

g8 dates.png

 

Possibly the vaguest chart in HSM history so take it from me in most cases the market momentum beit up/down was unaltered.

I have provided dates (or link) so you can zoom in and see for yourself (s)

 

Please crash the markets for me on monday, in particular I need VXX up another 8 % +, SPY down 25 handles, BIDU to drop 5% and LVS so tank. At the same time be sure to buy SHLD you'll be fine honest suspicious.gif

post #1029 of 1030
Quote:
Originally Posted by StockJock-e View Post

You are not the only one, a few people have mentioned having similar issues.

They tried to buy, then sell, then it turned out they never had it in the first place so they are short...

Come Monday the clearence dept at all the brokers will have a tough time going through all the issues that will be hitting them.

What a mess! But to be expected in a chaotic trading environment.

Those who had market orders in on FB can't assume anything, they'll find out soon enough in the next few days.

Market orders under illiquid conditions are best to be avoided, to say the least!
post #1030 of 1030

Isn't there a lot of brokers and institutions claiming that their FB orders filled 100% and they were only expecting a 20% - 25% fill? LOL I think that might explain that 999,999 open $38 order from the MM. I think next week you will also see a lot of selling from everyone that expected FB to double it's IPO on day one.

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