Unsolicited Pinky Plays

[ErnieBilco]

It usually happens when someone needs the cash after buying too high or someone trying to cause panic selling. Sometimes a broker has someone who wants out and happens to have the amount of shares you want to buy. It is not unusual for these type of orders to never show up on the trade list.

Years ago when TD was still Scottrade I bought 2 tickers this way, I didn't know a thing about either one but I threw out a couple of buy orders at .0002 and a few days later I had shares in both. The next day I put 1K shares up for sale at .20 and it hit almost immediately so I put another 1K for sale at .50 and since it trades on 2 exchanges I could actually see my orders on the CSE and the canadian broker Scottrade used. All told I made about $3K inside a week on the one and the other sold weeks later at .025 a share. At the time those 2 stocks appeared to have no interest until I started selling, I wish I repeat that again but TD has too many customers to be able to see individual orders on the canadian exchanges.

Ever buy warrants? They give you big upside without having to pay for common shares.

It's a game and I'm trying to bank enough to do it full time, just not there yet.