Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » General Investing Topics » Swing trade

 - UBBFriend: Email this page to someone!    
Author Topic: Swing trade
Polarbear17
Member


Icon 5 posted      Profile for Polarbear17         Edit/Delete Post   Reply With Quote 
Any body have any idea why i can't get rid of my PCCR Stock. I am attemping a swing trade , I bought 500,000 at .0001 on Wed and have Current sell order in at .0002, Yet the ticker shows good volume and that it jumps from .0001 to .0002 all day . How hard can it be to sell 500,000 when volume is 420 million. I was hopeing for a quick double my money thing. It worked on paper tradeing .
Posts: 181 | From: Quebec | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
Treemoney
Member


Icon 1 posted      Profile for Treemoney     Send New Private Message       Edit/Delete Post   Reply With Quote 
The bid is .0001 and the ask is .0002. You can buy it at .0002 and sell at .0001. That is why you have to check the spread especially on pennies. The lower the stock the larger the spread.
Posts: 205 | From: ca | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
Polarbear17
Member


Icon 1 posted      Profile for Polarbear17         Edit/Delete Post   Reply With Quote 
But why would i buy it at .0002 and sell at .0001 for a lose. I can be thankful that i managed to pick up at .0001 cause there's only one way this could go and thats up.I see last week that it hit .0008 so i think i'll wait .I still dont understand why its so hard to sell at .0002
Posts: 181 | From: Quebec | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
Machiavelli
Member


Rate Member
Icon 1 posted      Profile for Machiavelli     Send New Private Message       Edit/Delete Post   Reply With Quote 
because there is no liquidity... float and/or outstanding shares could be very high and the volume not high enough...

--------------------
Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

Posts: 4669 | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share