I think there has to be a seller on the other end... hence the variability in price during execution.

 

Just guessing, had a limit order set for 1,150 shares, and this is how the computers executed the trade.

 

That’s exactly what happened. Perfectly normal execution with larger orders.

 

It was a market order execution for a buy order. Buy, market, 1150 shares. It fills ASAP at the current market rate. The breakdown just depends on how the order was filled. For big orders very rarely does it execute as one price for all 1150 shares.


I'm not looking at a loss on a day-to-day basis. You'd stroke yourself out. Airlines and cruises are tough, so for these I go short hold not a long one. I bought at 9.45 (rounded), if this thing hits 10.45 I could sell and make $1150. That's how on Carnival I bought at 8.99 and then put a sell limit order at 11.99 and it executed. 3 grand profit (minus ordinary income tax on gain - but whatever, I'm not holding long run on a consumer entertainment during Covid).

It's worked for me fairly well. The one BIG one that bit me in the ass was my gamble on Embraer. I bought it at 6.46 on the assumption the European Commission would approve it in July. Boeing bailed and the stock crashed. I panick sold at 5. Had I held it though, 2 days later it returned to a high of 6.50 and I could have sold and made a couple dollars instead of losing $$$$.



All that said, Spirit *might* be the one exception I make and hold long. I really think after Delta and Southwest CEOs admitting today that business travel ain't coming back anytime soon, and Delta parking widebodies, Spirit is going to be the one that comes out ahead. I'm not saying it's going back to $60 anytime soon but even going back to $15+ would be a nice profit. I doubt NK would declare bankruptcy and even if they do, losing ~10.7k is still a drop in the bucket for the potential upside.


Sheesh. I have more faith in ya'll than you do?

 

CNN has ensured this entire country is scared of it’s own shadow. How can one have faith in air travel when no one will step out their front door?

 

it’ll be ok, they have Greta giving Coronavirus Briefs now....SMH

 

Shes an expert virologist. How dare you.

 

anyone knocking CNN should be knocking FOX in the same breath

 

Did I promote Fox? Nope. Stopped watching that garbage about a decade ago. I’m a (fiscal) conservative lean but that’s about it. They’re off their rockers.

 

that’s true but I see many people out. They need somewhere to go. There’s no point to this anymore. People are congregating already. They may as well congregate at Disney or vegas

wash hands and wear a mask when appropriate and let’s get on with it. The big businesses like Disney need to open full throttle and just require masks and make people sanitize anytime they enter a line or restaurant. No sanitize and no mask and GTFO of the line. We cannot distance until we all are vaccinated.