Message Font: Serif | Sans-Serif
No. of Recommendations: 1
I'm going to guess the stock is Facebook, which reported fourth quarter earnings after the markets closed. Facebook closed at $150.42 but then went up to $167.74 in after hours trading after the great report.

If this is the case then yeah, I'd make sure to always use limit orders so you know for sure what price you'll be paying. For highly liquid stocks, large cap stocks like Facebook you can usually get away with market orders when the market is open, but you just happened to put in a market order for a stock that had just reported really good earnings right after the market closed.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.