Ep 342 Frankly Speaking: Stink Bids, Commercial Construction, Stop Losses and Gold
Wall Street Unplugged - What's Really Moving These Markets
Frank Curzio
4.5 • 1.1K Ratings
🗓️ 28 August 2015
⏱️ 28 minutes
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Summary
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| 0:00.0 | Wall Street Unplugged looks beyond the regular headlines heard on mainstream |
| 0:06.1 | financial media to bring you unscripted interviews and breaking commentary direct from Wall Street |
| 0:11.8 | right to you on Main Street. |
| 0:14.0 | How is it going out there? |
| 0:17.0 | It's Friday, August 28th. |
| 0:19.0 | I'm Frank Curzio hosted the Frankly Speaking Podcast |
| 0:22.0 | where I answer all your questions about the |
| 0:23.7 | market stocks economy sports anything else you want to throw at me I created this |
| 0:28.6 | podcast to answer more of your questions that you were sending me through my Wall Street |
| 0:31.8 | unplugged Podcasts, |
| 0:33.6 | the podcast I host every Wednesday. |
| 0:35.6 | If you have any questions you want answered, |
| 0:37.4 | to send an email at cursio1 at gmail.com, |
| 0:40.2 | be sure to put frankly speaking in the headline. You never know your question may be the one I read on this |
| 0:45.1 | podcast. Let's start with a question from Mike. |
| 0:47.4 | To say Frank, sometime over the years you mentioned the idea of creating limit orders with crazy low prices. Asia slumping, I put in a few last night, and they filled in the |
| 0:56.5 | open. I think when Mike says last night, I think this was on Sunday you sent me this email on Monday, |
| 1:01.5 | because I closed hours later for a 15 to 30% gain. It's amazing. |
| 1:05.8 | And I also got an email. It's going to relate to this from Alan. So today was a field day for |
| 1:10.6 | stink bids. Maybe you can discuss why they happen and also how to avoid |
| 1:14.8 | getting caught selling at an artificially low bid. I'm guessing some of the low-ball |
| 1:18.8 | morning bids came at the expense of people who had trailing stops entered with brokers or maybe market |
... |
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