Investor Help (NO Ihub questions)

[cintrix]

yes, that must be it

[ergo sum]

They have had the meatloaf.

[cintrix]

rotf tell my kids that

[ergo sum]

I see you are still smart. People are lucky to have you about.

[cintrix]

yes that happens and it is called "cross quotes" - not very often though - you might see something like that more often in premarket or in a volatile stock. I saw it today on lwlg premarket.

[Huttser]

So it does happen. Now I know.
Thanks.

Saw another funny thing this am.
The ask lower than the bid.
Sat there for a while, too.

[cintrix]

Hut, had a fill this morning where my order was with three others (2 listed above mine) and mine was filled first.

[Huttser]

Ok, Cintrix.
Thanks for your response.
I appreciate it.

[cintrix]

Don't use the aon unless you really are afraid that they will fill it in partials and you won't get the entire order filled. Sometimes if I want to sell something at the end of the day I will use one so that I know I either sell the whole thing or I can try selling it the next day.

In regards to your last question, they are supposed to fill in an orderly fashion and theoretically you should be filled first. But we all know that it doesn't always happen that way. And yes, I have been filled when there are more than one mm's on the ask and my mm was below the others.

[Huttser]

I do get partials so it´s not AON. You´re right, it´s probably a default setting I never checked.
So anyway we know it isn´t because I´m using AON.

What you´re saying is, even though they move ahead of me on the L2 list I can still be filled, am supposed to be filled, in front of them?

[cintrix]

That is not always the case the mm on the top. They are suppose to fill in an orderly fashion but it doesn't always happen. An AON can be a GTC or a day buy. What it does is it only fills your entire order where you want it - no partials. So if you choose to use it, they will only fill it if they can fill it entirely. Check your trading platform and make sure you don't have that option checked as a default. If you are getting partial fills then you aren't using AON.

[Huttser]

They have moved off now without a fill so I won´t find out today. : )

[Huttser]

Hmmm. Well now neither one of us has been filled yet so we´ll see but see my last message about the filling thing.

[Huttser]

As for AON. I use MBtrading and that distinction is not apparent to me. I just place the order GTC or day.

As I have watched L2 over the years, the ask or bid at the top gets taken out first. I have never observed otherwise.

[cintrix]

But does ETMM fill before you or do you just see him listed above say AUTO or whatever mm is representing you?

[Huttser]

Yes. I see ETMM come in at the same price and placed ahead of me on level 2.

[cintrix]

Are you saying that you are seeing the ETMM mm at the same price as you? How do you know they move in front? Are they getting filled in front of you? If so, are you using an AON order? That for one thing makes it a "special order" and regular orders will go in front of.

[Huttser]

Hi all,

Wonderful that this board exists.
Here´s my question:

If I put an order in to sell at x and then one hour later etrade comes in with an order to sell at x, why does their order get pushed in front of mine? This happens with both GTC and day orders.

Appreciate any insight on this.

[cintrix]

If you are talking about otc and pinks you need to know when it comes out on the Daily List: http://www.otcbb.com/asp/dailylist_detail.asp?d=01/20/2012&mkt_ctg=ALL
Once you see it there, it is official and it will happen the next trading day. Companies sometimes will release a proposed reverse split in a PRE14 - there is usually time before they come out with the official announcement (it could be weeks or months). But once it is on the Daily List it means it is official - the change will happen the next trading day. We post the reverse splits on this board: http://investorshub.advfn.com/boards/board.aspx?board_id=3017

[buster60]

when a CO announces a reverse split how much time does an investor have to buy or sell the stock at the pre split price

[starbuxsux]

True...that's what I meant...I normally do more than 30 a month so I lose track

[cintrix]

That's not right on Etrade - it is 30 trades per quarter not per month.

[floydianslips]

Thank you very much. You are a gentleman(woman) and a scholar.

[starbuxsux]

streaming yes...L2 no...you need to be PRO status for that. 30 trades a month will get you PRO status

[floydianslips]

Nice, thanks for that.

Do all accounts have live streaming? Level 2? I am just working up my account right now and don't have a lot of money to play with at this point. I have been trying to learn as much as possible but think that it is time to have both these features.

No problem with sub pennies or order quantities?

Thanks again, you are being a big help.

[starbuxsux]

Well I don't think you're gonna get stop losses on OTC with E*Trade either and they only allow limit purchase orders on OTC. They also don't let after hours trading with OTC. SInce everything under $5.00 is technically considered a penny stock I don't think this applies to all "penny stocks" For example...PEIX...can't buy it on margin but you can buy market orders and stop loss sell orders are ok.

I find they have most if not all of the tickers available for trade. They're commissions are $9.99 after your first FREE block of trades are up...usually 30 or 60 trades free depending on the promo. they have good L2 streaming charts, etc. Good tutorials, good customer service, etc.

[floydianslips]

Haha. Creepiest kid ever. I have tradeking and feel that it sux too. No sub penny trades, 10,000 share limit, no stop loss on pennies, terrible customer service, etc. they have a good commission rate, usually $4.95 cap on trades I have made.

If you have time could you, or, anyone give me your thoughts on how etrade compares. I am open to other suggestions apart from etrade as well.

Thanks

[starbuxsux]

Because they have a baby that trades on a tablet and when his mommy takes it away he uses his android app. If that baby can do it...anybody can!

[floydianslips]

Why etrade?

I agree Starbucks sux.

[cintrix]

As per Mikey's list it is still on it:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70601238&txt2find=dtc

[highwaychile]

does anyone know if the chill was taken off OPMG to allow one to purchase this stock online?

I wasn't able to purchase this stock through my TD Ameritrade account.

[cintrix]

I rarely use GTC because I am in front of the computer all day. I had a broker friend who told me years ago when I first started trading in the mid 90's that GTC orders would get passed over a DAY order. I have never ever seen this written anywhere so I have no proof that it is true but it always sticks in the back of my head. I would rather set a new day order each day. As far as your broker not allowing GTC, you need to call them and question this. That should not be.

[goforthebet]

with zecco I cannot re-enter the order as gtc. only good for the day.. that is bs.. everyone trading otcbb need to get gtc in, even they are valid for 2 or 3 months only.. thanks for asking.:)

[cintrix]

On which stocks? There is a time limit to GTC's. After a certain time they expire. But you are saying you couldn't re-enter the order?

[goforthebet]

I just saw that all my orders (GTC) on Zecco have been cancelled. I cannot even put in a buy or sell order for otcbb anymore.. wow!!! I think a lot of folks are going to change to another broker. choicetrade is still taking orders.. hope choicetrade will not follow.. what you guys are thinking?

[Roofer2]

Etrade!

[starbuxsux]

Etrade

[samcavr]

Hi I'm currently trading with zecco, but am not really satisfied. I have only used zecco since I started trading 6 months ago but was wondering if which broker is most 'penny stock' friendly? can any one point me in the right direction? Thanks

[trepid]

I'm looking for a charting website that can overlay STARC bands. Is there any out there? So far I've come up with none. Thank you.

[Musky Guy]

Afternoon,

I am a member of stockcharts.com as of last week and was wondering if anyone has any useful/profitable filters that could help get me started. I havean uptrend and an oversold one so far and obviosly the Candle stick ones that are predefined. Any one that can help me i would greatly appreciate it.

Thanks in advance,

Musky guy

[iheartweimers]

Glad to have been of help. The port for additional storage
was one of the reasons I got the Thrive to back up the
iPad I still mostly use. These things are like toothbrushes.
After awhile they have so much personal stuff, they can
throw this in the coffin and thousands of years from now
archeologists can know everything about us.
Happy New Year.
John

[starbuxsux]

Well...first of all just want to thank you for the advice; your tips definately helped me find the perfect tablet. Although the Toshiba Thrive was nice, I spent a lot more time researching the Samsung Galaxiy 10.1" Tab and the ASUS EEE Tab 10.1" Transformer and the ASUS was my choice...in fact I am writing this from the keyboard dock that I also bought with it...this thing is absolutely amazing...32Gig internal memory and has the micro SD slot on the actual tab for added storage ( afeature the Samsung didn't have) anyways...thanks again and definately keep in touch!

[Jmp8]

Ok back on earnings reports.. I've been watching The Finish Line (FINL). There earnings report claims 8% increase... Can anyone check out their earnings report and let me know if it's good? What are the main parts of a report the describe company value increase? Revenue?

[cintrix]

obviously but analyst get their predictions somehow.

Yep, and they are wrong many times too. The best way is to follow a stock. Read up on all the news, read the reviews, check what consensus is and hope that if you are playing it prior to earnings that the company makes analysts' expectations or better. When they beat forecasts, that's when you have a winner.

[Jmp8]

lol obviously but analyst get their predictions somehow. I'm not saying predict it dead on just kind of let you know whether it's leaning towards profits or a deficit

[cintrix]

lol seriously, if I could tell you that, I wouldn't be posting on Ihub everyday - I'd be retired on my own tropical island sipping margaritas somewhere.

[Jmp8]

I appreciate the help. Does can you tell me how to predict earnings?

[cintrix]

Stocks are fickle. You could have good numbers but if you miss on any little number the street will react negatively. Looks like in this case it missed on revenues:
Jabil Circuit reports EPS in-line, misses on revs; guides Q2 EPS in-line, revs below consensus
Reports Q1 (Nov) earnings of $0.65 per share, in-line with the Capital IQ Consensus Estimate consensus of $0.65; revenues rose 6.0% year/year to $4.33 bln vs the $4.41 bln consensus. Co issues mixed guidance for Q2, sees EPS of $0.52-0.62, excluding non-recurring items, vs. $0.59 Capital IQ Consensus Estimate; sees Q2 revs of $4.0-4.2 bln vs. $4.22 bln Capital IQ Consensus Estimate.

[iheartweimers]

http://www.zacks.com/registration/pfp/?ALERT=zrmodule&ADID=ZACKS_PFP_ZRMODULE&skip_rpt_name_check=skip_rpt_name_check&t=JBL

Maybe this can help. Otherwise, we would be guessing
because we need to know what your goals are. Quick
buck trader? Long term investor? This is the stock for
neither, IMO, but you had a reason for buying it.

[Jmp8]

Hey all, I'm pretty new so bare with me please. I got into Jabil (JBL) before their earnings report came out. There stock rose a little more then 5% the day of their earning released (after bell). The after market has wiped that gain and looks as if a decline is headed for tomorrow. I was just wondering, why the decline? The earnings statement looks good, I don't really know what I'm reading but I see increase a lot.. can someone help me with this?