I was told by an Ameritrade rep that my best bet was to put in a market order, which can only be a day order. All I know is I've sold 20 million shares since I started doing this, and every share sold at .0001. I've gotten back $2,000 (minus fees) of my losses doing this. If I can, I try to put the new order in for the next day right after the close. As I said, you have to put a new order in every day.
I have gone quite a few stretches with no sales, but with all of the volume last week, I actually sold quite a few shares just last week. That's why this puzzles me. I know the volume doesn't add up to tons of dollars but is someone actually spending decent money on this stock (most of the trades are at .0001, so around $10,000 was spent)? If so, why?
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