I learned the hard way last week the pitfalls of selling a Trip 1 (T1) stock 'at Market.
Now I know trying to sell a T1 stock is much better to wait it out than sell 'at Market'.
You may just get $10 back on a $100 investment if you sell GRAS at Market instead of waiting. Worse, ETRADE will take $9.99 of that $ for the trade. You likely will get $0.00001 at Market if you run into a mean MM who hasn't had his/her afternoon shot of alcohol at lunch.
That's 4 zeroes and a 1.
I just made the mistake of trying to sell half my PPJE shares 'at Market'.
I was expecting something like .00009. What I sold 1 mil shares PPJE for just now was .00001 at market. So that's $10 for 1 mil shares.
From ETRADE: Fri Feb 17 12:10:19 2017 Sell 1000000 PPJE Executed @ $0.00001
It's a gamble. On the other hand - last week I sold 'at Market' half my shares of UNGS also 'at market'. UNGS was trading at .0001. Sold them for .0001. That's $100 per million shares.
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