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Re: Trav74 post# 4333

Thursday, 02/11/2016 9:18:19 AM

Thursday, February 11, 2016 9:18:19 AM

Post# of 6299
They probably don't allow it because penny stocks are extremely volatile and you could get stopped out and then the price could go right back up after you stop triggers. I have Etrade and I just put in a stop order test on a penny stock and they took it - I cancelled it right away. If you really want this option I would call a few brokers first to make sure they allow it. But personally, I would never use it on a penny stock.
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