Coco - Omg!!

Out of some at 54.90

 

is anyone long in the 40s? significant amount of shares?

thanks

 

Why do you think it won't stand?

 

I've got 3000 at 42...it looks more and more like that trade is going to stand.

if it does, then some big hedge fund lost over 10 points on 2 million shares...ouch

 

I just made a lower high, so if the low @ 54.00 breaks then I'd look to exit the rest.

 

Anyone hearing rumors of who f*ed up on the big order?

 

God I hate scalping with TWS

 

i sold my 3000 block at 54.75. if it runs up to 56..i may buy some calls just to protect myself in case i find myself short 3000 all of a sudden.

 

I'm trying to figure why anyone likes TWS at all. I've moved an account to IB to try them out, but even as a swing trader, I find their JAVA platform sucks. It takes twice as long for me to enter an order as a simple HTML platform. It just seems to run slow, although I have plenty of ram and a fast processor.

 

A guy in my office said it was a trader at Bear. He was supposed to send a market order for 9,000....accidentally sent it for 9,000,000.

Who knows if it's true, but someone really f*cked up big time.