So what about the cancel/change orders being stuck in limbo the entire day? I was unable sell $fb because of this. Tried to dump them at 41.50, but because one cannot "trade with oneself" I couldn't. Heads should be rolling at Nasdaq by now...
This is why you do not play the IPO game unless you are an insider (underwriter or early investor of the company in question). You will lose. They will see to it. And you will have no recourse, as they are in bed with the regulators.
Comments
So what about the cancel/change orders being stuck in limbo the entire day? I was unable sell $fb because of this. Tried to dump them at 41.50, but because one cannot "trade with oneself" I couldn't. Heads should be rolling at Nasdaq by now...
This is why you do not play the IPO game unless you are an insider (underwriter or early investor of the company in question). You will lose. They will see to it. And you will have no recourse, as they are in bed with the regulators.