BNB babcock & brown limited

macdog how did you go, page-15

  1. 68 Posts.
    Just got home from work. SP3 this was no porky.
    On thursday at Uni I was on my Commsec account showing a mate how T+1 and T+3 works. I put a buy bid on for 20,000 at$1.24 at around 11 am. I cancelled the order (or so I thought) before it was executed (which was about 1.5 mins later), however 15,971 shares were bought on my account at $1.24. This never came up as an 'executed order' on my account because the full 20,000 didn't go through. I checked my hotmail at 7pm last night and saw an email titled 'Trade Confirmation: BUY 15,971 BNB @ $1.24. I immediately knew what had happened and shat my dacks.
    Thats when I posted my original 'Urgent advice needed' thread on hotcopper.
    I had work today (no computer access) so I took fortycentsworth advice and put a sell order on at around 7.30am for the full 15,971 to sell at $1.40.
    I spoke to a mate at 10.10am who told me they opened at $1.52 which meant my sell order was execcuted as soon as the market opened.
    If you think that this is one big lie then that is your business. I have never met a person that would get a kick out of doing something like this.
    It was a stupid mistake that ended up making me $4000. Although I have lost so much money on the stockmarket this year I am not exactly jumping with joy, I am still down alot.
    Thanks for your advice everyone - I couldn't really got on HC today as we are not meant to use the internet at work.
    I was really surprised how few people knew that you can buy $25k worth of stocks without any money in your account. I though this was common knowledge. It is dangerous and stupid I know but I honestly didn't mean to do it.
    Cheers, MACDOG


    Woof Woof
 
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