Question about selling.
Ok, I'm fairly new to OTC, and I've had some success and some failure. My question is regarding selling a stock.
Let's say there is a trip stock bid/ask between .0001 and .0002 and you want to try and buy at the 1s and sell at the 2s. Ok, so say I get a million shares at 1 and immediately put in a sell at 2. Is it 1st come 1st serve? And for how long? I have a few stocks where I've had sells in for say a month and even though the price hits and then goes down, mine never sell.
Now, I understand it might never sell, etc. But my question is, when I put my sell order in do I stay in line at the same place day after day, or am I getting bumped at times? Am i explaining this right? :)
Just curious!
