I realize there may be a few of us that want to se
Post# of 86962
(Total Views: 426)
Posted On: 01/02/2021 6:03:35 PM
I realize there may be a few of us that want to sell a chunk of shares at $4. While getting listed on Nasdaq opens up big buys from hedge funds, I think we would have to lower the amount of shares per order.
Example being 100k shares seems like it would create a wall as it would take $400k to buy all those shares. But if we put in multiple 1000 share orders that would only require $4k to complete an order.
They could be staggered .01 at time so as to not create a wall.
I know from some of my team plays in the otc we try to not put an order in over 250-500k shares depending on the price and momentum. This allows momentum to continue allowing for higher prices.
This is just my thoughts on selling.
I'm only selling enough to keep me under the highest tax bracket. Only need $100k to pay off all our bills. A big chunk will go to charity right away. Along with my new trading account that 100% of the profits will go to charity.
Example being 100k shares seems like it would create a wall as it would take $400k to buy all those shares. But if we put in multiple 1000 share orders that would only require $4k to complete an order.
They could be staggered .01 at time so as to not create a wall.
I know from some of my team plays in the otc we try to not put an order in over 250-500k shares depending on the price and momentum. This allows momentum to continue allowing for higher prices.
This is just my thoughts on selling.
I'm only selling enough to keep me under the highest tax bracket. Only need $100k to pay off all our bills. A big chunk will go to charity right away. Along with my new trading account that 100% of the profits will go to charity.
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