it pays to play with DDNo Worries,
I apologize for coming across cold in my last posts....
but when you see investors banking on their hope with seeing a hopeful opportunitiy...
thinking easy and quick money make(a few lost their homes in financing investments and others on shorting a penny stock... it does look so easy)......
then..... boom ...
.you blinked and that penny stock thats been heading to the moon (in the dollar range and heading for a double digit) just dropped like a rock.
sitting on the dollar line just quick hit the sell button...
you wait a minute check,,,, order no filled,,,
look over at price ...
.omg...
your sell order was for on line price of $!.00 and no share price is $0.97
quickly want to sell with a profit your adjust or sell order for share price quickly like a bunny you hit the sell button again........
omg....
again no sell minutes tick by you look over ar share price and see price sitting at $0.70....
omg .....
as you sit there wondering what happened....
ahhhhh...profit taking you think....
so you think wait till tomorrow and sell to the new investors and let the profit taker handle the day.......
the next trading day.....
bell rings.....
your sell order was adjiusted for a quick sell and set the sell price at $0.50
you check your order .....
again no sell...
look at share price and its now at $0.32
all of a sudden you sneezed then looked at share price and its at $0.14
you only paid $0.06 for this stock and sitting at $0.14 and determined to take a profit you quickly hit the sell at market button....
quickly you look at stock share price at market value.....
you look and look ...
cant believe what happened with stock price in a blink of the eye....
the price is $0.02/share
wtf happened..... :(