To all;
I just had an "interesting" experience with Ameritrade (for whom I have many unwholesome names). I placed an order for RMDY yesterday at 13 3/16..it moved up, so I changed to 13 1/2, and got an acknowledgment of the requested change, but not a new "pending order". The ask stayed at 13 1/2 for a few minutes, then scooted up to 14. An hour later, it dipped to 13 1/2..and still no fill from Ameritrade! (Lots of volume too, so no reason I didn't get a fill.) This morning, the stock gapped up, and lifted to 16 1/4. Needless-to-say, my blood pressure lifted with it, since I still didn't know if I was in or out, although Ameritrade had acknowledged that they had had network problems, and yup, I sure should have gotten a fill at 13 1/2. 5 phone calls later, and three supervisors in a row, Ameritrade bought the stock at 15 3/4, and debited my account at 13 1/2. At the same time, I sold the June 15 CC at 2 9/16! The stock is now at 15, and I am looking at an ROI of 85%! (margin).
The whole point of this is that you can get your broker to do the right thing if you persist. I am dead certain that Ameritrade would have blown me off if I hadn't been politely (through gritted teeth) persistent. It also helped that I was watching DATEKs real-time streamer, and could see those prices moving around. The other point is that I am seriously thinking about moving the entire account to Dreyfus, who seem to have some very fast, simple screens. Anybody had any experience with them? |
