Watch the share today carefully. There is some serious fuckery afoot. It got halted as soon as it opened, then did a huge jump to 157, and then halted, and suddenly dropped to 144. The black hats might be doing the short sell trick, so if there is a dip, jump on it. Its an oppurtunity for those who missed.
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But how much can they hold it down? And for how long?
What is the limit on how high this can go?
I know nothing about stocks but knew i had to get in on this.
Bought in at 130. They charged me 175?
Learning as I go i spose
Did u do a market order? If you did, it can fluctuate wildly, especially with high demand shares like this one
Probably yes.
But its ok i have my shares and i didnt invest more than im willing to lose.
Place a stop limit order so you can set it much much closer to the actual price you want to buy or sell shares at. The "stop" is the price trigger you set to get it ready to buy or sell and the "limit" is the price you set for it to be actually bought or sold. When buying, the stop price is set lower than the limit price. With selling, the stop is set higher than the limit. I like to set my stops within a dollar of the limit.
That's exactly what happened to me this a.m. with Fidelity.