posted
I bought into a stock today, that a buddy at work recommended, and it was a sub penny, meaning .000X. Now I am up 100%, and was just wondering how hard is it to sell these sub pennies when you want to sell them thru your broker?
This stock had about 100 billion trillion zillion outstanding shares, and sees almost 2 billion trades a day, the last few days. (Just a little exaggeration) Has anyone had major problems selling these sub penny stocks before? If so, how long did it take to actually sell them?
Thanks for any info or previous experience you have had on these.
posted
Was it WTVN? If so put the sale in as a GTC, and hopefully one day you wake up and its sold. If a sub-penny is running, then it is pretty easy to sell at the ask. If it isn't, then it is rather difficult.
If the stock you bought isn't WTVN, then PM me and I can look at it.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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posted
If your up 100% sell it now. Sub pennies you shouldn't be holding for long term. Also count yourself lucky since you bought this one on a "tip" and you didn't seem to do your own DD.
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by Machiavelli: If your up 100% sell it now. Sub pennies you shouldn't be holding for long term. Also count yourself lucky since you bought this one on a "tip" and you didn't seem to do your own DD.
Mach,
Ohh come on... every penny we buy is on a "tip", either by finding it on your own, but stumbling across the news about a stock, or by reading it or hearing it from a friend.
I don't care where I get my info from, as long as the thing looks good. Ohh and I did do some DD on it, and will hold it long if need be, my Signature says it all, on how I roll LOL
So I don't mind if I have to keep it or not, but was just wondering how these things sell if I want to sell them.
quote:Originally posted by Machiavelli: If your up 100% sell it now. Sub pennies you shouldn't be holding for long term. Also count yourself lucky since you bought this one on a "tip" and you didn't seem to do your own DD.
Mach,
Ohh come on... every penny we buy is on a "tip", either by finding it on your own, but stumbling across the news about a stock, or by reading it or hearing it from a friend.
I don't care where I get my info from, as long as the thing looks good. Ohh and I did do some DD on it, and will hold it long if need be, my Signature says it all, on how I roll LOL
So I don't mind if I have to keep it or not, but was just wondering how these things sell if I want to sell them.
Red
make sense, red...
"tips" *are NOT* the same as finding on your own...
yes--you can make dough either way, but the routes *are* diferent.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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