The only way to get the order out is through a market order at BRUT but it doesnt execute, I'm lost here, can anyone help
I thought about it for a while, and you could try something like sharebuilder.com. (they'll pair your order with others orders and you'll eventually get the shares...) could could always make a basket of the components, but it would be pretty hard to approximate the exact composition... http://www.holdrs.com/holdrs/main/i...bAction=PPH&HoldrName=Pharmaceutical%A0HOLDRS I think those are just about your only options... - mnx
PPH is optionable, so you could buy a long-dated call option. A Jan 2009 near-the-money call option would move, in the short term, like 50 shares of PPH and would cost around $600. Options lose value with time, so if you plan to hold this for a long time, options may not be the right thing.
Yes its a long-term play. I'm thinking of buying IHE. Of all the other pharma ETFs that is the one that is closest to PPH. It gives more weight to the big pharma companies like pph but not as much
Are you saying, that you can't place a market or limit sell to the AMEX? I would have your broker call the floor and work the order.