Etrade Securities Lawsuit Message Board

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Non-Tech : Etrade Securities Lawsuit

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To: kblaine flaherty who wrote ()	11/3/1996 3:23:00 AM
From: Doug Puening	of 58

Anyone have this type of problem with Etrade. I put an order in the the phone trade system to sell 3000 shares of a stock at $2.00 later the same day I was given a phone message saying Sell was executed OK at $2.00. I was confirmed out and feeling OK. 2 days later checking my account online I found that I now had 6000 shares of this stock! Etrade had executed a BUY for 3000 shares rather than the entered/confirmed SELL for the 3000 shares. In the meantime the stock went down to 1 1/2. A $3000. LOSS. I contacted Etrade Customer Service and they said it could NOT have been their automated systems fault could only have been an input phone error on my part!? I have over 30 trades here was definetly not my mistake. My word against theirs??? Any advice here. Doug dpuening@ix.netcom.com

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