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I tried to place a stop order today on PLNI but Ameritrade came back with an error. Something about not doing stop orders on OTC stocks. Is that right?
-------------------- If you made money, it was a good trade Posts: 453 | From: Cleveland, Ohio | Registered: Apr 2005
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most brokerages dont allow stop/loss orders on stocks under 1.00 a share.. it sux but thats life <shrugs> ... thats another reason micro's a high risk because you cant get stopped out if the trade goes against u...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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well yesterday after reading this post i figured i would try to put a stop/loss on SVSE and it went through .. <shrugs> ... btw i use Choicetrade ... hehehe they used to not allow stop/losses on stocks under $1 ...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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Machiavelli, you were able to do this recently on Choicetrade? I know I tried to put a stop limit on a penny stock about a month ago, and it wouldn't let me submit the order ... Guess I'll have to try again!
Posts: 178 | From: houston | Registered: Mar 2005
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yeah i been putting stop/losses on SVSE everyday.. i didnt last nite though... i forgot to... but the stock finished up .01 per share today so all is ok..
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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