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Pastimes : All Clowns Must Be Destroyed

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To: Jack of All Trades who wrote (5341)1/31/2000 12:32:00 PM
From: IceShark  Read Replies (1) of 42523
 
I think you miss my point. On the Dung they will see the stops sitting out there and pull what amounts to a false run on them really gapping down the trading and after smacking you a couple points below your stop, pull the price way back up. And applies to the upside, too.

Had this almost happen to me once on COMS, with 5,000 shares. During the day they ran the stop and gapped it down about 4 points before bouncing it back up a couple. All in a matter of nano seconds. I was told I got filled at this horrible price. I asked "what about the fact that I cancelled that stop a half hour before the trade?" The trade was busted, but if I had not recorded all the time details and confirmation numbers I'm sure they would have screwed me. -nfg-
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