Recent content by NJGrinder

Don, Do you know what's the official rule on stock split on orders entered pre-mkt? I got filled on LOW on the long side today because I didn't know it was splitting today, and esignal was still using the pre-split price. I thought the specialist was suppose to adjust all pre-mkt orders in...

Don, Here's a question I've wondering ... As you've been saying, one of the advantages (maybe the biggest) of the openning play is to be on the same side of the specialist ... However, in days when the market is indicating to gap up huge (like Monday for example), your buy sides of the...

Thanks to Don and Spoonman27 ... Now it all makes sense now ... I guess I need to pay attention to upcoming xd's and adjust for them in the future ...

Also, I just checked NYSE's website and it shows BMY's previous close was indeed $27.15 ... The specialist must have been in a good mood this morning to have filled you @ $27.1 on you natural short ... :)

Hmm, that's weird ... Here's the BMY's NYSE TOS from AT Financials near the close yesterday ... Didn't look like it traded below $27 at all ... Yet, MSN does show a prev close of $26.87 but Yahoo shows a prev close of $27.15 ... Very confusing ... 30 16:03:30 N! 27.15 853,200 30...

This must've been a bullet short, right? The openning price was $27.1 which was a downtick from yesterday's $27.15 close ... Do you normally take out bullets pre-open? Wouldn't this become expensive over time b/c the majority of your bullets are not used when the openning price didn't get...