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    Forums ›› Technically Speaking ›› Order Execution ›› Filled after a 30% drop in less than 1 minute  


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m22au
 

Registered: Mar 2002
Posts: 3138

 

06-22-12 05:00 PM


Quote from atticus:

It will not be busted, no worries.




Quote from Bob111:

yeah..it would be busted already. free friday night dinner!



Thank you atticus and thank you Bob.

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tradin4profits
 

Registered: Jan 2009
Posts: 303

 

06-22-12 06:00 PM


Quote from m22au:

I shorted ARNA premarket and I covered some of my position below $8 at 9.36am (extremely volatile today) after it traded at $11.62 at 9.35am.

Although millions of shares traded during those few minutes,
I am worried that the Nasdaq might bust that trade, and others near the low of the day.

If the Nasdaq decides to bust that trade (and other similar trades), where would the notification be published on the Nasdaq web site?



Thanks for shorting it, I rode it back up!

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antaram
 

Registered: Apr 2011
Posts: 79

 

06-22-12 07:15 PM


Quote from tradin4profits:

Thanks for shorting it, I rode it back up!



thanks for riding it back up, i shorted it

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james2hunt
 

Registered: Apr 2010
Posts: 97

 

06-25-12 01:21 AM

Why was it not halted it drop 10% in seconds? Surly under SEC rules it should have been?

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mastertrader456
 

Registered: Aug 2011
Posts: 175

 

07-13-12 06:49 AM

halt rules do not apply pre and post market

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m22au
 

Registered: Mar 2002
Posts: 3138

 

07-13-12 07:58 AM


Quote from mastertrader456:

halt rules do not apply pre and post market




Quote from m22au:

I shorted ARNA premarket and I covered some of my position below $8 at 9.36am (extremely volatile today) after it traded at $11.62 at 9.35am.


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