InvestorsHub Logo
Followers 59
Posts 8102
Boards Moderated 1
Alias Born 01/23/2008

Re: jpike post# 34868

Tuesday, 09/17/2019 12:56:43 PM

Tuesday, September 17, 2019 12:56:43 PM

Post# of 49275
It could benefit them because they filled someone elses order or partially filled soemones order.

Now you see a huge drop, people's fear rises and then possibly prompt you to sell into their bids at that price or lower (capitulation).

Also (at lesat for my broker TDAmeritrade) once I get a partially filled order i paid commission on that order already, if it doesnt get fully filled because they or someone only sold 100 shares if I replace this order it'll be another commission on the "new" order.

And if that order is not GTC tand expires that day, my partially filled order not only did I pay comission on but also have to make a new order tomorrow and pay comissions on that.