Don's openings and more for 2005

[lescor]

If any of you had a limit buy order in today for txn at 29.55 or higher, get on the horn and call your trade desk. I fought for it and got my limit buy order filled. Just got 5000 shares long, a buck in the money.

Christmas in October baby!

 

[r-in]

Thank you , have a great weekend.

 

[Free Thinker]

Quote from lescor:

If any of you had a limit buy order in today for txn at 29.55 or higher, get on the horn and call your trade desk. I fought for it and got my limit buy order filled. Just got 5000 shares long, a buck in the money.

Christmas in October baby!

i just got a call from ib. they are filling me on txn for 29.55 also from the open. i didnt even ask for it. thanks ib for working for me.

 

[sucre_estave]

Quote from lescor:

If any of you had a limit buy order in today for txn at 29.55 or higher, get on the horn and call your trade desk. I fought for it and got my limit buy order filled. Just got 5000 shares long, a buck in the money.

Christmas in October baby!

That's beautiful. Busted trades are a crock. Responsible parties should be required to insure themselves against erroneous executions. Its complete BS that you get stuck with a position you didn't take through no fault of your own.

 

[Free Thinker]

Quote from sucre_estave:

That's beautiful. Busted trades are a crock. Responsible parties should be required to insure themselves against erroneous executions. Its complete BS that you get stuck with a position you didn't take through no fault of your own.

i think busts are necessary because i have been on both sides but there should never be a busted trade on a nyse stock on the open. the specialist has all the time he needs to get it right.

 

[Don Bright]

Quote from sucre_estave:

That's beautiful. Busted trades are a crock. Responsible parties should be required to insure themselves against erroneous executions. Its complete BS that you get stuck with a position you didn't take through no fault of your own.

Now, now...mistakes do happen. As a firm, we always hear the screaming, but never a thank you for the "free money."

If you sold your house for $400,000 and some clerk at the escrow/title company missed a decimal and put it out at $40,000, and it went to the bank that way, you would insist that they "bust" that "trade" right?

We're still getting calls, overall more than $150,000 from TXN "errors" this morning.....makes for a good weekend.

Have a good weekend....!!

Don

 

[biggerfish]

Quote from lescor:

Yes that TXN trade was a joke.
They changed the opening print to 29.55 and we were short at 30.55,
so obviously the specialist or his clerk screwed up and punched in the wrong price...

So, when the ex-TXN clerk (with S-7 in hand) calls BT next week, Don,
is there still enough time for him/her to get into your current Boot Camp?

 

[Don Bright]

Quote from biggerfish:

So, when the ex-TXN clerk (with S-7 in hand) calls BT next week, Don,
is there still enough time for him/her to get into your current Boot Camp?

Sorry, I doubt he/she will pass the initial screening, LOL

Don

 

[Free Thinker]

Quote from vhehn:

i just got a call from ib. they are filling me on txn for 29.55 also from the open. i didnt even ask for it. thanks ib for working for me.

this trade proves one thing for sure. they can tell where the orders come from because i wasnt even aware of a txn problem and they called me out of the blue and offered to give me the fill.

 

[Don Bright]

Quote from vhehn:

this trade proves one thing for sure. they can tell where the orders come from because i wasnt even aware of a txn problem and they called me out of the blue and offered to give me the fill.

The legitimate firms "have" to do this...the not so honest firms tend to keep the trades since they all show up in a single account.

Don