IBKR Crash at a terrible time?

It first got halted around noon at $5.65. He is probably just watching for stocks that are up huge, or has a scanner window like I do which tells you whenever a stock gets halted. Halts are all over the place lately. I've seen 10 today.

 

Saw it tear past $3, grabbed a few shares. Stock Scanner, easier said than done because they collapse fast and I am not a fast 30 year old trader like ChipShot! Chats harass me as Grandpa, kind of feel like it

 

I got in early, my parameters look for thin float getting mentioned by Social Media rapidly with vol spikes.

 

Look at MTSL and WEI examples of getting screwed on these pumps. Shorts crush most not having enough Social Media excitement.

 

What kind of orders were they? Market orders? Market On Open (MOO) orders? Limit? Limit on Open (LOO)?

 

How do you filter for social media spike. Any good data provider?

 

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LOL/price improvement, as they say.......

 

Let me ask my friend, he’s a big player like Dest and shares it. As a experiment go to Stocktwits(Filled with bots and bad faith actors while still offering value.) and see how many posts they’re promoting on XELA, MTSL and TBLT.

 

You can't trade volatile stocks/options with Limit Orders , so it's best to use Market Orders.

 

Yes, it literally crashed. My friend told me about the same. Fortunately, he closed the position at the right time.