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.
Non-Tech : Sovereign Bancorp ( SVRN ) -- Ignore unavailable to you. Want to Upgrade?


To: Peter Mak who wrote (61)4/14/1999 11:59:00 AM
From: Jerry Miller  Read Replies (1) | Respond to of 143
 
got my head handed to me on the other side of the trade.
now, patience is all.




To: Peter Mak who wrote (61)4/14/1999 12:04:00 PM
From: Sundar Rajan  Respond to of 143
 
It took me nearly ten minutes to get thru to Brown&Co, the stock drifted from 26 to 23. I sold at 23 1/4. It is horrible when u have to use a discount broker in a fast market.



To: Peter Mak who wrote (61)4/14/1999 12:13:00 PM
From: Mark Peterson CPA  Read Replies (2) | Respond to of 143
 
Didn't really have much of a problem. We got off 50,000 shares. Wish we sold more. But you can still sell the May 20 options. That may help a bit.

Best regards,

Mark A. Peterson



To: Peter Mak who wrote (61)4/14/1999 12:46:00 PM
From: Scrumpy  Respond to of 143
 
That's interesting. The same thing happened to me via Datek. I put a sell in WAAAYYY below the market price which, at the time, was about 25 3/4, and it just sat there. Tried chasing it down to 23-24 range...still sat there. Odd. I blasted it out around 21 and managed to pull in a hefty profit, but it should have been much heftier. I was unaware that sellers of any kind could "lock the market".

Scrumpy



To: Peter Mak who wrote (61)4/14/1999 1:04:00 PM
From: NotNeiderhoffer  Read Replies (1) | Respond to of 143
 
Peter,

Oh yeah. Mucho probleme. People were not picking up phones on this one. We were told we were done on a big piece and then they came back to renegotiate the print.

Unfrigginbelievable

NotafanofMM'sNeiderhoffer