I hope OP called IB to thank them for forcing him out of a very bad trade and saving him 5k. I am sure that is what was going on. IB, acting like the overlord, took matters in their own hands to save junior from going back to live with his parents. Next time he might (definitley won't) be so lucky. With his insite into the dark underworld of trading maybe he can focus his considerable powers and give us some direction with the Kennedy Assassination. Magellan
This was a classic long play. Prior few days, there was increasing volume and strong uptrend. In fact, there's a gap to fill as well at around 103.
I agree. There must be some shorts still holding out. Above the 100 level, there could be a massive squeeze again sometime in the next few days. Magellan
Hope so but consider that it's up over 40% in the last 5 days. I still believe it will close the gap but it may pause and gyrate a bit. On another note, I've found out I'm a Netflix junkie Never realized how many great founds one can uncover by being suggested stuff. Check out - Spartacus. F*cking awesome especially if you liked Russell Crowe's Gladiators or 300. Only been a few times when I binge'd nonstop, straight through on a show. Did it before with The Sopranos, Big Bang Theory, The Wire, Pawn Stars. - Casino Jack (Kevin Spacey) and Casino Jack documentary. That Jack Abramoff stuff was fascinating. - Kill the Irishman. If you are into mob movies, this is a good one. - Cocaine Cowboys I and II. If you are into Scarface, you'll learn about the real (female) Scarface. - Fat, Sick, & Nearly Dead. Inspirational story about juicing.
I hedged my prognostication by saying NFLX would be up some time over the next few days. Probably due for a cooling off tomorrow. Who knows. Magellan
It's always good idea to use limit order instead of market order. You can customize IB TWS hotkeys to generate limit order easily by clicking any of the field on trading page. IB is very terrible on many things. About 10 years ago I placed a limit order that was about 50% lower than close price. The order was filled after market. I was very happy about the fill. But then they reversed it and said that was a quote error.
we're not talking market vs limit. 10,000 orders get filled every day without a problem and many of them are mine. We're talking about a fluke limit order where the limit gets changed and there's nothing you can do about it. The audit trail shows your order at a different price than you entered. It almost never happens, but the dumbshits on this site that claim it NEVER happens because it has never happened to them are about as credible as the people who believe Bigfoot doesn't exist because they have never seen him.