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Pastimes : ETRADE Sucks!
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To: RickT who wrote (2940)10/18/1999 7:27:00 AM
From: Patricia Meaney  Read Replies (2) of 3262
 
9: If you have more than one position in a stock, when you place an order, it asks you which batch you want to sell.
Then they sell the wrong one anyway (lets say you want to sell the second, larger batch, they sell the first, and then part of the second.)
I finally talked to a supervisor who told me that for orders less than 300 shares they handle all transactions first in, first out.
When I asked her why it asks me which batch, she claimed it didn't.
When I asked her why they don't say that on the order screen, she said they did.
I explained that the only thing on the order screen that mentions 300 s All or none.

Your're getting me nervous now. I never check to see if they are selling the shares that I indicate. I have come across situations where the lot screen doesn't come up and when this occurs they sell first in first out.

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