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Re: 1manband post# 16058

Friday, 06/22/2018 5:44:38 PM

Friday, June 22, 2018 5:44:38 PM

Post# of 16205

The reason they don't guarantee a price in that case is because they will just match your sell against whatever price the handful of buyers are willing to pay. Which in a gray market stock, is usually not much.



I was under the impression retail traders can't buy anything under .0001. If that is true, how is it possible for some trades to be matched below .0001 if we (the retail trader), can't submit an order below .0001? Yesterday, GFOX traded at .000001 a share.

Most of the trades in TALK over the last 6 months have gone off at .0001 and yet even after changing my sell order to a market order, I still haven't had any bites even with a market sell order(with the exception of those 4 shares). I'm sure there has been a broker or two out there who has seen my sell order sitting there for months. How come a broker hasn't tried snatching up my shares for next to nothing?

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