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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: 1podstock who wrote (25912)	1/31/2002 1:28:26 PM
From: Math Junkie	Respond to of 99280

Legal counsel to recover a $930 loss? Surely, you jest! Small claims court would be the place for that one.

To: 1podstock who wrote (25912)	1/31/2002 6:48:42 PM
From: Alex MG	Respond to of 99280

podstock, I agree, it seems pretty cut and dry. The reason given for the bad fill was "it was a fast moving market", they said "the order was placed appropriately"... I called again and they are going to re-review it. What's the use of a stop-loss order if they can sell your stock above that price and then just say "sorry, it was a fast moving market". If I had left and not noticed that order got executed by error I would have thought I still owned the stock at end of day since it never traded that low, and it would have cost me $6,000. It still cost me $930 to buy it back at 29.43.