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News Focus
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spiritthing

08/20/10 10:07 AM

#86591 RE: jfburk #86588

Maybe they bought at .09 ? Spirit
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Rocket Rider

08/20/10 10:10 AM

#86592 RE: jfburk #86588

You NAILED it... this was MM trick to get the stop loss shares
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Kuzami

08/20/10 10:13 AM

#86598 RE: jfburk #86588

As suggested on another board, someone might've gotten hit with a margin call.
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d0lphint0m

08/20/10 10:14 AM

#86599 RE: jfburk #86588

I have never tried to enter a stop loss order on a penny stock but if someone with 5 million shares was so ill informed as to enter a market order (which is what a stop loss order turns into when triggered) then I can only say that they are truly lucky they did not get filled at .01.
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downsideup

08/20/10 10:54 AM

#86618 RE: jfburk #86588

If someone had a stop loss there for that many shares...

They were just had...

Someone took it down to gobble those shares...

Ummmm....

Urp!!
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AlanC

08/20/10 11:16 AM

#86631 RE: jfburk #86588

jfburk: You have to do what you have to do to get the price back down as margin calls are expensive! Go SRSR!!!