It is my understanding that many brokerage firms will allow and accept trades at the hihger prices. Unfortunatly, scottrade will not. That is according to my local Scottrade branch office manager. If you are with Scottrade and have been allowed to place the $1 sell order, and it was accepted, then I would like to know about it. It would be even more benificial if I could get particular trade info. But I doubt anyone would be will to share that kind of information.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.