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Re: Stops and splits



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Hello Tony,

Wednesday, December 1, 2004, 5:25:36 PM, you wrote:

T> Hello omega-list,

T> Yesterday I had some SYMC stocks with a stoploss set.
T> Today the stock has split.
T> The price halved and the number doubled.
T> All fine so far.
T> But the stop was not halved.
T> So the stop was hit and half my position sold.
T> Are things supposed to work that way?

I want to add that the stops where sent to my broker (IB) before
market close and not held on my PC.

And that happens on a day SYMC makes a nice move :)

-- 
Best regards,
Tony

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