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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: CusterInvestor who wrote (13005)4/25/2012 10:51:22 AM
From: Taro  Read Replies (1) | Respond to of 20435
 
Custer, the problem and as I see it also bad luck seems to be, that while mis typing you thus did call another valid stock, albeit not one allowed into our competition :(

Many of us have mis typed before but were lucky enough to thus create garbish rather than a different valid symbol.

I don't know what we should do in this case, where a priori AAPL seemed to be a good bet for aro 10% - either way! Only now, a posteriori do we know, that the right way was - well, +10% up...

Maybe we should indeed stick to the rules in this case as suggested by SrK.

Elroy, your opinion?.........

/Taro



To: CusterInvestor who wrote (13005)4/25/2012 1:35:28 PM
From: Kirk ©  Read Replies (1) | Respond to of 20435
 
I intended AAPL and simply mis-typed.

Didn't some large companies lose a ton of money due to fat fingers excuse? Like an extra zero in a futures contract being so large as to move the market...

I'm glad I'm not Judge Wapner on this one...
en.wikipedia.org

but I think I'd vote with we are stuck with what we type since this is what happens when I place limit orders at my broker. If you type an order that isn't possible, then I think the rule lets you have the next day to fix it with no penalty.