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Posted On: 11/20/2019 7:19:20 PM
Post# of 85944
I have sell orders in from about .50 all the way up to $50. The lower the price, the fewer the shares.
I don't watch every day, so if it does run on a day that I'm away, I want to make sure I have my orders in.
Something else I consider is that if it does go up past .50 quickly, it could very well get taken down by residual OTC traders selling millions into the bids. So my .50 order isn't for a lot of shares. It's basically a safeguard order that will get me some cash and protect me from a potential drop in PPS. Obviously I don't know how it will trade once we get into 10s of pennies and above. But I'm prepared for a multitude of scenarios.
It should be fine once the swamp drains and strong hands come in at the elevated prices.
I don't watch every day, so if it does run on a day that I'm away, I want to make sure I have my orders in.
Something else I consider is that if it does go up past .50 quickly, it could very well get taken down by residual OTC traders selling millions into the bids. So my .50 order isn't for a lot of shares. It's basically a safeguard order that will get me some cash and protect me from a potential drop in PPS. Obviously I don't know how it will trade once we get into 10s of pennies and above. But I'm prepared for a multitude of scenarios.
It should be fine once the swamp drains and strong hands come in at the elevated prices.
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