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Re: INFINITI post# 3946

Tuesday, 01/16/2024 11:19:21 AM

Tuesday, January 16, 2024 11:19:21 AM

Post# of 5074
It doesn't even matter if it hits $5.00+ because most brokers won't allow "aggressive" limit sell orders based on present market conditions. I tried to set a limit order on Robinhood for $20/share... order was rejected. I tried $15... rejected. I tried $10... rejected. Even $5 (my buy-in price from years ago)... rejected! Problem is that the last spike on 10/22/21 lasted mere minutes, so if a similar spike occurs soon I'll miss out since the broker won't allow me to put my limit sell in the order book ahead of time. Corruption. Whole system is out to screw over and fleece retail investors. FYI, I know that Robinhood sucks, but it's who I went with for $PHUN prior to all of the bad press.
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