Oh, and I bought the same amount you did - 1500 shares. Down so much now if I'd sold today the loss would have wiped out all my other gains for the day... Stuck holding over the weekend and worried about FB detrenching down to $47 range it was at last week...
nextcentury, consider yourself very lucky today. I bought around the same time you did at $48.21. It's done nothing but drop after that. Market's closed and FB's at $47.94 and now I'm stuck holding over the weekend... kg
Yeah, but I worry now about FB returning back to last week's $46 range. I just bought today at 48.21. Been trying to sell it as it drops. Now have to hold over the weekend and hope I don't lose my shirt come Monday.
Actually, it got certified mailed To the Delaware District Court this morning to be filed by the deadline this coming Monday 12/9/13 ( per the Delaware District Court clerk's phone instructions yesterday).
So, stock holders should be covered for now. kg
Finally sold (dumped) this morning limit order went off while I was sleeping at 22.02. Glad to be out of this for the weekend. Can rest. See ya next week though! kg
Thx! OK, now I get it! What they don't tell you of course in news releases is that it takes your brokerage up to the 5 day "settlement date" to show that you own it.... Will try to remember that next time I see an ex div distribution announcement. Missed out on this one.
Yeah, but did you also do a 'MonteCarlo' analysis? Ha!
Today's GM trading proved yesterday was a fluke. Gremlin dust was all over me yesterday, ha! kg
Well, we tested 22's today but go figure it tanked again. My limit order at 22.11 came close but never executed. Now we're clear down to what i paid for it 4 days ago 21.61! Only thing I can see is 1) MU profit taking after the consistent run up to date and waiting for employment numbers tomorrow. I sure haven't seen any negative news articles lately. Go figure. Guess I'll hold on and try again tomorrow with the same 22.11 order. Watch it closely. Been maddening getting close everyday but no enchilada! kg
Just looked at today's chart. My experience occurred between 10 - 11Am. I rode it all the way down trying to buy until it bottomed and then just as quick as it dropped it climbed. Never did make a trade on GM today! I'll be watching this GM from time to time to see if it repeats this but I think this was more a case of this just being a GREMLIN DAY for me. The gremlins were out sprinkling their little voodoo dust all over me and anything I touched, ha! kg
Seriously, I've been trading various stocks every day for the past few weeks and haven't experienced anything like I did this morning on GM! My limit orders might have had a chance to fill if placed at a few cents above my limit, like when it's trading 38.78, place the order to buy at 38.79. But even then the swings were so deep so fast, even then I question getting executed. Never seen anything like it. And on GM - go figure!
Well I still haven't bought yet. If I buy before close today will I be eligible for the dividend (yes, I know it's paid out at a later date)?
Can't seem to get over the 22 hump this morning. My latest order's sitting at 22.11. Don't see any news. How much profit taking is left in this thing before it has to move up, eh!
A buy just jumped from 38.78 to 38.84 in the bat of an eye. Been doing this for the past 20 minutes! My current order's sitting at 38.75. Won't buy for anything more today...
Everyone has slightly different objectives. Me, I actually need to show cap gains on my taxes this year (to write off inv interest expense carryover from last year). So, I'm buying n selling everyday. Better to get a bird in the hand than wait & hope. No matter how good the stock is, the global market's a scary place. Anything can happen in a NY (Shang Hai) minute!
Yeah, I meant 21.90. Now I've change my order to 22.11. Been sitting on this three days. I think it will move that high within the next hour and if not will unload somewhere above 22. That's my read this morning...
Thx folks. I learned something about the chip market. Counter intuitive from the original Topic description but now makes good sense. kg