(Total Views: 169)
Posted On: 03/14/2017 12:42:35 PM
Post# of 72447
Scottrade won't let me go high enough. Wouldn't even take a gtc for 7.50. I stopped trying when it wouldn't even take a $5 order.
I really don't know how true it is that if you put a sell order in WAY above the ask has any affect on shares available for shorting. The "house" usually has a bank of shares easily accessible themselves or their buddy market maker. What happens when momentum starts picking up is then they start getting a bit more nervous since the spread tightens up and they actually do start letting their shares go. Anyway, I'm sure I have no clue how those manipulators really work.
I really don't know how true it is that if you put a sell order in WAY above the ask has any affect on shares available for shorting. The "house" usually has a bank of shares easily accessible themselves or their buddy market maker. What happens when momentum starts picking up is then they start getting a bit more nervous since the spread tightens up and they actually do start letting their shares go. Anyway, I'm sure I have no clue how those manipulators really work.
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