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 : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: George K. who wrote (12372)6/6/1999 5:47:00 PM
From: George K.  Read Replies (3) | Respond to of 16892
 
How Could DATEK stop me out?

On Friday June 4 I took a position in Network Solutions NSOL which I bought at 51 1/4. Because it was on margin I set a very conservative stop of 48 1/4. It activated and sold me out at the market in that instant which was 50 3/8. Everywhere I've looked for that day the low was 49 except on the STREAMER where for an instant I just happened to see 48. I thought it was wrong because the math wasn't right as to how much the issue had fallen.

Any thoughts on how this could have happened?

George K.