InvestorsHub Logo
Followers 125
Posts 9863
Boards Moderated 1
Alias Born 04/02/2009

Re: RainingPennies post# 107848

Friday, 06/12/2009 8:53:43 AM

Friday, June 12, 2009 8:53:43 AM

Post# of 346917
Does anyone know how to trade OTC stocks in the pre market. I have scottrade and etrade. It seems unfair that some can buy otc in the pre market and some can not. How are people making these transactions. I have been holding since .0234, and have not sold a single share. However I have a really bad feeling that today is going to be ugly. It kills me to say this but I see a 15 to 20 % pullback today. I am tempted to sell into the opening and buy back after they walk it down. I know I risk having to purchase my shares at a higher price but I feel this thing might have run out of gas. I just do not like what I have seen with the level 2's today. History has shown that on the days we open negative we stay negative. I also feel that the old rules of the game do not apply anymore because so many new investors have joined the game this week. I feel that if the mm try to fill the gap, several newbs that do not understand the nature of this stock will bail sending this thing down hard. I am long but I am very concerned for this stock today. Am I alone on this or do others share my concern?

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.