InvestorsHub Logo
Followers 4
Posts 62
Boards Moderated 0
Alias Born 12/30/2009

Re: None

Tuesday, 04/26/2011 2:58:53 AM

Tuesday, April 26, 2011 2:58:53 AM

Post# of 6266
Topic: Sell/Buy orders not being filled.

Can anyone provide an explanation for the following scenarios where my order is not being executed? It happens once in a while for me but I got extremely frustrated when it happened three times today. Please note I do not use AON orders.

1) RPTN: Was watching L2, saw shares go through at .0245 so I lowered the ask to .024 as I've been trying to close out my position. Saw 3720 shares printed at .024 but they weren't mine. Got mad so I lowered the ask to .0239 and the 30000 shares that printed at .0239 were not mine again! What gives? I saw L2 change seconds after I put in my sell order both times so I know I was first in.

2) WCRM: Had a GTC sell order at .295 since last week. This morning shares went through at .3 and .299. Once again, my order was not filled. *note I did not see L2 reflect my .295 sell but I often encounter this situation and the order will usually fill.

3) MBHIQ: Have been trying to accumulate shares at .0051 but no luck. I've had a GTC buy order for well over a week now, and 5,400 shares were sold at .005 today, below my price of .0051. *Again the mm did not show up on L2 at .0051 with my buy order

Would really appreciate an explanation. TIA.

Join the InvestorsHub Community

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.