SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KM who wrote (517)6/11/1999 9:16:00 PM
From: Eric P   of 18137
 
I had something kind of odd happen. I was bottom fishing in EBAY, had a bid in at 163.5, the quote was 164 x 164 1/16 and someone hit me. How did that happen do you suppose? Someone's market order to sell?

I will assume you posted an ISLD order. Several possibilities come to mind. In the order of likelihood:

1) The market was trending lower and someone wanted to exit their long position badly. They were afraid that the market makers wouldn't fill their order at the going price in the down market. They were willing to give up 0.5 points to get a certain exit from their losing position. So they placed an ISLD sell order 0.5 points (or more) below the bid and you were the lucky dog with the highest bid price on the ISLD book for the stock and got the great fill.

2) The market actually was trading lower than that, but you data feed was delayed. Major problems with PC Quote this morning near the open.

3) Someone wanted to be nice. ;-)

-Eric
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News