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  • henhousehero henhousehero May 22, 2012 9:14 AM Flag

    Formula for settling IPO day botched trades

    You Bought @ $42 and the sold later in the day @ $38 ..Your transactions went smoothly

    You subscibed @ $38 and sold at $42 an hour after the iPO open
    solution""Sorry sir your Sell order was never executed.

    You bought some shares at $40 and since you didn't get a report you canceled the order and bought more shares @ $39. Sorry sir, both orders were executed and you now have to sell or post more $$ to close the margin.

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