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Re: None

Monday, 09/20/2010 3:40:41 PM

Monday, September 20, 2010 3:40:41 PM

Post# of 79336
For newbies: How to buy "at the ask"

1. Go to http://www.otcmarkets.com/stock/ifxy/quote
2. Find the Ask price column. The lowest offered price is on top
3. In your brokerage account, create a buy limit order @ that price

This does two good things.

* It will probably get your order filled relatively quickly (otherwise, the order can hang forever and expire without getting shares.

* It will help create the uptick needed to immediately get your trade a little bit in the green.
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If a downtick happens shortly afterward, have a little faith! Look at a chart and see how quickly the price recovers.