Scottrade does not allow GTC orders for more than 3 times the current price for stocks under $1. That only means once set, one must reset the price during a run-up. Which means that you can't just go on vacation and come back in 3 weeks to check your portfolio value.
Don't know why they have that policy, except maybe to prevent setting sell orders that take shares out of the lending pool.
doc.feelgoode@yahoo.com
"It ain't what they call you, it's what you answer to." --WC Fields