FNM - shorted, bought it back then WTF?

[polpolik]

So i shorted FNM last friday at 4.97
I bought it back premarket at 2.00

A few minutes ago, (through IB), I saw the position is back in my portfolio? WTF? Anyone experienced this sh*t?

Now it's halted so I can't do nothing with it.

 

[vertigo3]

SEC suspended all pre-market trading in FRE and FNM.
this was announced hours ago.

 

[polpolik]

Quote from vertigo3:

SEC suspended all pre-market trading in FRE and FNM.
this was announced hours ago.

Yeah. Arca allowed the trade to go through. Now I just got a bulletin from IB they busted my trade. Fuckers.

 

[Darshan]

Quote from polpolik:

Yeah. Arca allowed the trade to go through. Now I just got a bulletin from IB they busted my trade. Fuckers.

I wouldn't worry I would guess you'll be able to get better than that...

 

[polpolik]

Quote from Darshan:

I wouldn't worry I would guess you'll be able to get better than that...

You do have a point.

 

[vertigo3]

there's nothing you can do about it right now.

don't get yourself crazy.


http://www.elitetrader.com/vb/showthread.php?s=&threadid=135653&perpage=6&pagenumber=2

 

[dhpar]

at least IB will waive commissions paid...

 

[Daal]

IB might be doing you a favor. even the analysts capitulated, opening should have tons of sellers

 

[Cutten]

You'll get better than $2, don't worry. Cover half on the opening minute or two, there will be a deluge of sellers, then do what you want with the rest - personally I'm going to ride it with a stop and see how low it might go. Then again if it opens at 10 cents or something stupid, I'll exit all.

 

[zdreg]

the stock was suspended. the trade was accidentally allowed by arca. it was then busted.
stop whining about IB.