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Re: Porteño post# 23508

Wednesday, 12/11/2019 2:58:12 PM

Wednesday, December 11, 2019 2:58:12 PM

Post# of 41153
I think I want to share something that happened earlier.

I had a little extra dry powder, so I wanted to slap the ASK with a rather large purchase of shares. I was sure my instinct was telling me this is only a matter of time and I should add to my already decent position.

So, I entered an order at market. This was about 20 minutes before this run up started.

I get a call from an 800 number. I ignore it. The same number calls back immediately.

So, I answer and it is my broker, TD. He tells me that I should let him cancel the market order now!

When I ask why he tells me there is such a huge back log of bids that by the time it gets to me it will be way more money than I currently have in the account and I will be liable for the difference if it fills.

He suggested I put in a limit order instead at a few ticks higher. Filled eventually.

Very telling! Something is coming in hot, folks!! I feel it and that convo confirmed the hub hub going on.

I don't think this is inside trading it was just information passed between trader and broker about an account issue.

I was just savvy enough to recognize what he was telling me without telling me. "Peeps are buying and there is a back log of orders!!"

I may not be a super genius, but I know that means green coming.

True story.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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