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 : Position Trading Forum

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Junkyardawg who wrote (3625)10/17/1998 1:51:00 PM
From: FDHIII  Read Replies (3) of 7247
 
Lamar....

I am not a Waterhouse customer but I seriously sympathise with you.
I had a similar expierience with datek, their server was down and when I went to place my limit order on a falling stock I quickly had to replace the order because the stock had fallen so fast. I finally called datek and resolved the problem through selling the stock over the phone. I was finally elated to have the whole expierience over with right? WRONG! About a week later The stock mysteriously reappeared in my account AGAIN.....Now furious I quickly sold the stock yet AGAIN....at around $4. Problemo solved right? WRONG yet AGAIN! The stock left my account and YET AGAIN about a week later showed up in my account a second time as a SHORT position this time! Now ranting and raving, furious beyond belief.... I called up datek and was quickly reassured that all would be well by the end of the day which nothing could be farther from the truth because I was given this constant, condecending, crapola, "duh" sort of atitude from every datek employee from here to the yellow brick road!
I explained to them that I simply sold the stock over the phone and it reappeared in my account the next day where I again sold it and yet another week later it reappeared in my account as though I was shorting it. But yet I coulden't short the stock because the stock was unmarginable at only $4 yet datek let me do it anyway. Since then I have changed to MBTrading and have had no such problems since then. I wish the best of luck to you...let me know how you do...you are NOT alone!

best regards-

F~
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext