(Total Views: 335)
Posted On: 11/29/2017 3:08:17 PM
Post# of 15624
If you were buying, you should have gotten the price break if the MM's dropped the price below your limit.
When I purchase at Fidelity, and don't want to get killed with a market order, but want the stock, I'll place my order just slightly above the latest sell and most of the time end up buying for slightly less than the limit I set. Of course if I'm not that concerned about the purchase, just hoping to buy shares cheaply, I'll put in a limit order at my price and hope the market hits it.
You should contact your brokerage if the stock went below your limit offer and you failed to purchase the stock. They either should get you the stock, or explain how it happened.
Gary
When I purchase at Fidelity, and don't want to get killed with a market order, but want the stock, I'll place my order just slightly above the latest sell and most of the time end up buying for slightly less than the limit I set. Of course if I'm not that concerned about the purchase, just hoping to buy shares cheaply, I'll put in a limit order at my price and hope the market hits it.
You should contact your brokerage if the stock went below your limit offer and you failed to purchase the stock. They either should get you the stock, or explain how it happened.
Gary
(1)
(1)Scroll down for more posts ▼
