r/wallstreetbets Feb 04 '25

Gain Made $18k in less than 1 minute by accidentally sniping mispriced ask

I put in a large market order this morning, and somehow bought 1.9k shares at 75 cents each while the stock was actually trading for ~10$

I cropped out the ticker because it has <300M MC, but had to share this because this is so unbelievably regarded that I think I might have bought off one of you guys.

TLDR: I stole someone's shares for 90% discount because they probably mis-entered their limit order.

7.2k Upvotes

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u/StonkaTrucks Feb 04 '25

Yeah, I don't understand what broker sells for literally your limit price. I thought it was always just at least that price.

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u/albearcub Feb 05 '25

Yeah ppl like to shit on RH but that's one good thing about it. If I limit buy and it keeps dropping fast, I'll usually buy at a lower price. Same for limit sell but it keeps rising.