Reminder: if you're protecting your shares from be
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Posted On: 08/29/2017 1:26:10 PM
Reminder: if you're protecting your shares from being lent out (legally) to short sellers by putting in a high-priced good-till-canceled sell order, please make sure you check to see that the order is still in there.
One of mine expired a couple days ago and I had to re-enter it.
In my opinion it's not safe to have it in for less than 10.00 so if you are a hostage to Fidelity, you probably can't put an order in high enough to be safe if there is a big move upward. I think someone said that Fidelity puts a cap on it at 2.00 and putting a GTC sell at that level might result in your losing your stock in a big move up.
One of mine expired a couple days ago and I had to re-enter it.
In my opinion it's not safe to have it in for less than 10.00 so if you are a hostage to Fidelity, you probably can't put an order in high enough to be safe if there is a big move upward. I think someone said that Fidelity puts a cap on it at 2.00 and putting a GTC sell at that level might result in your losing your stock in a big move up.
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