Recent content by J Painter

Dear Traders: Let's say sometime after sellling short 600 XYZ at $12 per share the Company declares bankruptcy. When would you buy to cover? Do shares of a bankrupt company go to zero? Thank's for any input.

In reading the E.T. threads regarding I.B. and stop-limit orders residing natively on Globex, the TWS user guide under "Stop Limit Orders" (third paragraph down) reads, "Regardless of whether an exchange accepts or processes stop-limit orders, Interactive Brokers will simulate all stop-limit...