FormerXBC Inc XEBEQ

well fml... I sold by mistake instead of buying.

[HighHopes1212]

HOLY SH*T. Just sold part of my shares that I had at a 4.49$ average instead of putting in a buy order I put in a sell order by mistake... sold @ 9.98$. Just my luck. God I hate the stock market so damn much.

[Newtrader1982]

Hahaha omg I had a good belly laugh at this post so funny sorry Don't mean to laugh at you but that's funny. Something similar almost happened to me today I tried to sell my fcel shares this morning and accidentally mistyped my limit price and put 2 dollars instead of 12 Something and put the order through. Thank God my order got rejected by questrade and I was able to redo it at the

[savyinvestor333]

I have done this same damn thing more than once. You get your order all entered and for some reason it defaults to sell and I didn't notice until after i hit the button. Hurts when in a trading account and have to clain the gain. Usually I just but back right away or cancel the order if I catch it in time.

[goshko]

Wouldnt buying back right away still affect your avg cost in a negative way ? Say my avg is at 1$ and I sell by mistake at 2$ but rebuy right away at 2$. My avg would still go up to 1.50$ ?

[savyinvestor333]

It depemds on what percent you sold and bought. If in a trading account subject to capital gains it just triggers the gain on the shares sold. When you buy them back yes your average cost will be higher on the remaining shares.