Again, with the baloney. You need to get your facts straight and quit spewing crap that less experienced traders might believe.
I've had etrade since 2008, and know how it works quite well. They don't charge $6.95, they charge $4.95 for penny stocks. I placed an order today to sell NSAV
"Estimated commission
$4.95"
You do have to execute 30 trades per quarter to get that pricing, but I always do.
They do not require a limit sell, ever.
I have bought 20M shares since it hit a penny, but of course I do use a limit when buying anyway.
So, today, I set up a market sell for 10M shares of those I recently bought.
Sell 10000000 NET SVGS LINK INC COM NEW (NSAV) MKTMarket Market Good for Day $0.0077 $0.008 $0.008 Open
Your order has been placed
Account: XXXX-3782
Order Number: 1237
Order type: Sell
Security: NSAV
Term: Day
Price type: Market
Execution price: $0.0077
Order quantity: 10000000
Quantity executed: 80408
Quantity Remaining: 9919592
And here is proof that selling a large number of shares at market drives the sp down. All 10M sold at market....(Sorry folks, I'll buy them back and bring the price back up. But now you know, and if you dump at market, you will cause the same share price drop.)
06/07/22 01:08 PM ET Sell 22200 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 4881840 NSAV Executed @ $0.007
06/07/22 01:08 PM ET Sell 12467 NSAV Executed @ $0.007
06/07/22 01:08 PM ET Sell 22200 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 20000 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 769990 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 200000 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 160000 NSAV Executed @ $0.0072
06/07/22 01:08 PM ET Sell 1000000 NSAV Executed @ $0.0073
06/07/22 01:08 PM ET Sell 200000 NSAV Executed @ $0.0073
06/07/22 01:08 PM ET Sell 100000 NSAV Executed @ $0.0073
06/07/22 01:08 PM ET Sell 12820 NSAV Executed @ $0.0074
06/07/22 01:08 PM ET Sell 100000 NSAV Executed @ $0.0074
06/07/22 01:08 PM ET Sell 40000 NSAV Executed @ $0.0074
06/07/22 01:08 PM ET Sell 10000 NSAV Executed @ $0.0075
06/07/22 01:08 PM ET Sell 2028699 NSAV Executed @ $0.0075
06/07/22 01:08 PM ET Sell 29000 NSAV Executed @ $0.0076
06/07/22 01:08 PM ET Sell 258876 NSAV Executed @ $0.0076
06/07/22 01:08 PM ET Sell 51500 NSAV Executed @ $0.0077
06/07/22 01:07 PM ET Sell 80408 NSAV Executed @ $0.0077
