Guys, put in your nickel limit orders before monday GTC 60

Seems like these miscues always cause sell offs. I don't remember a day where it took the market higher which resulted in busted trades.
 
Quote from coolweb:

Won't it get busted though?

Why? IF you are the buyer of last resort and someone needs cash fast, you gave them cash for stocks.

Its like someone who goes to a pawn shop and pawns something for quick cash out of desperation.
 
Quote from KINGOFSHORTS:

Why? IF you are the buyer of last resort and someone needs cash fast, you gave them cash for stocks.

Its like someone who goes to a pawn shop and pawns something for quick cash out of desperation.

Well yes, thats a fine and acceptable explanation to a fair market.
But your trade still be busted by nyse and nasdaq :D
 
Quote from coolweb:

Won't it get busted though?

But we already know the rules. If you settle for a 39% discount to current price you'll be ok.
 
Quote from KINGOFSHORTS:

Just in case we get another blow up so you can get filled PG,XOM,GE,CVX,etc.. for a nickel if we get a mother of all meltdowns

If PG prints for a nickle, I'll swap you as many paper shares as you want.

In return for gold, guns, beans, or tillable acreage.
 
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