I had several sliding stop orders in from yesterday for .25 down. All my accounts that I had increments of 25 but less than 100 trading shares that I put sales in on. Getting all my green holdings of RSTI into nice 100 round lots.
Posted LOD is still 25.74, however mine executed on both sides of 25.00. Like 2-3% I got screwed out of. Enough for a rather nice night out on the town.
The explanation is exactly what I expected, "thinly traded, odd lots", etc. This on a day where a new large holding of this stock was announced.
Yep - I got bent over bad. I make my best money on thinly traded tech companies and this is the worst beating by the MM I recall every taking.
I thought the spreads were bad on RSTI options where I have actually made money writing calls knowing how large the spreads were.