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Re: bootysweat post# 40575

Wednesday, 08/10/2011 8:47:42 AM

Wednesday, August 10, 2011 8:47:42 AM

Post# of 72584
spoke to a buddy of mine high up at a major brokerage house. he told me that margin calls/forced sales are put in by the brokerage unilaterally as a market order, and nothing client can do about it. His opinion/guess is that somebody got creamed on Friday/Monday, had a margin/house call and his OTOW shares were put up for sale "at market" before the open yesterday- making it very easy for MMs to open with a rediculously low bid to grab those shares- just a theory,not anything factually confirmed
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y