InvestorsHub Logo
Followers 0
Posts 78
Boards Moderated 0
Alias Born 10/19/2010

Re: PURA VIDA post# 78877

Wednesday, 05/27/2015 5:52:29 PM

Wednesday, May 27, 2015 5:52:29 PM

Post# of 130743
don't know that this will always work, but last week i placed a large (for me) buy order in a few ticks above the ask.

i think the ask was .0528 and had been there. smack dab in the middle of the channel you mention.

so i put my buy in at .0537. i wanted the shares prior to 6/3 so that slight premium wasn't going to hurt too bad.

it was hilarious watching the partial fills exhaust everything up to my bid. then it just sat there. close of business came.

next day it was back to normal. except that i had a bunch more shares.

i'm going to do it again before 6/3. for me i ask myself how much am i willing to "overpay" today vs. what those 9 100ths of a penny will hopefully be worth next week, month, year, ...
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.