So i shorted FNM last friday at 4.97 I bought it back premarket at 2.00 A few minutes ago, (through IB), I saw the position is back in my portfolio? WTF? Anyone experienced this sh*t? Now it's halted so I can't do nothing with it.
Yeah. Arca allowed the trade to go through. Now I just got a bulletin from IB they busted my trade. Fuckers.
there's nothing you can do about it right now. don't get yourself crazy. http://www.elitetrader.com/vb/showthread.php?s=&threadid=135653&perpage=6&pagenumber=2
You'll get better than $2, don't worry. Cover half on the opening minute or two, there will be a deluge of sellers, then do what you want with the rest - personally I'm going to ride it with a stop and see how low it might go. Then again if it opens at 10 cents or something stupid, I'll exit all.
the stock was suspended. the trade was accidentally allowed by arca. it was then busted. stop whining about IB.