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Re: redux288 post# 383371

Wednesday, 02/01/2017 10:46:18 PM

Wednesday, February 01, 2017 10:46:18 PM

Post# of 801031
Red,

The last time fannie / freddie sold off or girated in massive swings, down drastically,,etc...

There were so many orders to sell that if you placed a limit order it when blowing through. And a market order would be dangerous.

The orders took 20 minutes to confirm / execute and then a prices way different than when i put them in.

On heavy trading days, massive share movement, there is no guarantee, do to volume that if you tried to sell at some price that you'd get it. A stop loss here and a market swing ... you know... down $2 and then back up a buck; well you could get some real crazy trading.

Good luck to you what ever you decide, but be careful. Bad news, even temporary bad news could see us be off $2 in 20 minutes only to recover 10 minutes later.

Have a great day.