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Posted On: 06/22/2017 1:21:07 PM
Post# of 72440
Reminder: with the symbol change, your old "good till canceled" sell orders need to be re-entered under the IPIX symbol, as the CTIX ones were canceled.
In case you don't know about this, if you have a "sell"order on your stock, reputable brokers cannot lend your stock out to be legally shorted.
You want to have the "sell" price high enough that you won't be automatically sold out on good news -- enter a price hopefully at 20 or higher so you have time to cancel it when news comes and you can decide whether you're willing to sell for the lowball price of 20/share
Beware if you have a Fidelity account -- apparently they won't accept an order higher than 2, and entering an order at level could result in your position being sold when you really wanted to hang on for the ride up.
In case you don't know about this, if you have a "sell"order on your stock, reputable brokers cannot lend your stock out to be legally shorted.
You want to have the "sell" price high enough that you won't be automatically sold out on good news -- enter a price hopefully at 20 or higher so you have time to cancel it when news comes and you can decide whether you're willing to sell for the lowball price of 20/share
Beware if you have a Fidelity account -- apparently they won't accept an order higher than 2, and entering an order at level could result in your position being sold when you really wanted to hang on for the ride up.
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