Allstocks.com's Bulletin Board: Question about selling Sub Pennies

This is topic Question about selling Sub Pennies in forum General Investing Topics at Allstocks.com's Bulletin Board.

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Posted by Redwinger on :

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.

Red

Posted by coalkickin on :

It is easy to sell them...especially with such high volume...you should have no problem at all...