Hello, just wondering if anyone having similar experience:
I had a few hundred pounds worth of an AIM stock (got no prob naming, if anyone’s curious) and sold around 11am the Thursday before last-what, 10-11 days ago?
This sale has yet to execute, has been “pending” for well in excess of a week+when I originally pressed"sell", I was up a few quid. I am now down i.e. if sale executed this minute, I would lose money now (I gather-I have to check price on Yahoo, where £ is updated regularly, T212 doesn’t seem to update AIM £ for days at a time). I think it was this stock where I had to wait <>10 days to buy/for purchase order to execute also.
I know T212 gives the “may be waiting indefinitely” warning-which I appreciate v much- prior to you committing to AIM stocks, but I’m sure I remember reading in this chat others stating there was no such wait with other share sites/companies? I really appreciate all the work T212 does+believe they excell in many departments but a 10 day wait strikes me as absurd and indicative of a system not fit for purpose? I understand AIM will be slower than the main exchanges but a wait of this length makes any due diligence/reasoning invalid. I have 2-3 other AIM stocks+but now almost feel they’re liabilities I’m “lumbered” with eg if I sell at gain, the £ could plummet in the days/weeks interim before sale executed+I could be wiped out.
Anyway, T212 have told me they’re doing best they can with software they’ve got=I know there’s little that can be done, so I guess I’m just venting-if I’m being a terrible drag, please forgive me, but, imo, it just doesn’t seem to be the ideal way to run a railroad (if it is true other brokers have systems where even AIM executions are all within 24 hours or so?)+I would much rather, if apt, pay T212 membership/ transaction fees if it would make things more “lickety split”, as waiting 1.5 weeks (+counting) for a sale to execute is a potential crippler for me. Spose I’m lucky I’m only rolling the dice with a few hundred pounds.
Thanks for listening to me drone-if you do have anything to add, I would appreciate your input.