PERTINENT QUESTIONS ON THE BID OR THE ASK :
(1) When you sell your million ( or buy ) — either way — are there 99 others selling or buying a million shares ? Or is it just you and one other guy? You see where I am going with this . . .
(1a) Do you get bumped ? Well, there are MM to MM orders, where retail customers fall behind those transactions. Does that make sense ? So you'll see all kinds of buying/selling, and think, "Why can't I get a fill ?"
Well, MMs gotta get the shares they are selling you, right ? ( They are allowed to be naked short to make their market. IMPORTANT POINT. Eventually they must buy to cover their naked shorts. Are you OK with that point? )
(2) When there is lots of activity, selling or buying, and the opposite side of the trade is thin, then I place GTC orders, and see them getting filled, eventually, after as many as three to four weeks, meaning that I have kept my place in line.
I make nice orders for the MMs to fill ( 900,000 and not 999,000, etc. ) and use GTC, and I DO NOT USE AON, and I wait patiently. They treat me OK. But they do stiff me ( at times ) with 28,536 shares at $0.0001 ( $2.85 ), which sucks.
Overall, I do O.K. with my 900,000 and 500,000 share orders, GTC, and waiting patiently. I wish I could do 1,000,000 even share orders, but god-dammed SCHWAB prevents me.
Did I help ?
Until2017
DKSC SCHEDULE:
o ¼¢ after website is live & new significant announcement
o ½¢ after 1st business deal
o 1¢ after 2nd & 3rd business deals
o 2¢ after revenue flows
o 5¢ when the investors go manic
georgek.multiplan@gmail.com