Replies to post #5053 on Patriot Coal Corporation (fka PCXCQ)

[MorningLightMountain]

nope, dumped most of my shares at .27 after the BK......the remaining few were sold in the lows .20s....

the irony for me is that 20 minutes wiped out most of my previous trading profits I had made when I sold between 1.70 and 2 (or whatever it was, made over 50%).....I had some low-ball limit orders to buy back in due to expire at 4PM, but since they didn't wait until after the bell to announce the BK, I got hosed .....could not get them cancelled quick enough!!!!

such is life and timing in the markets....