InvestorsHub Logo
Followers 19
Posts 1506
Boards Moderated 0
Alias Born 05/03/2011

Re: thedoc08 post# 18315

Thursday, 09/22/2011 10:38:07 AM

Thursday, September 22, 2011 10:38:07 AM

Post# of 141657
How is that going to help? It seems the resistance is at .0012. Your order is just going to be trying to fill the bids.

I get that you want to buy as cheap as you can but can't support you on trying to take it down first. Not too mention, if you get it filled at .001, that would more than likely drop the bid to the triple 0's. That could spell HUGE trouble here!!! Just warning you....

Better off lifting your limit order and trying to knock out the ask. At least that way you know someone isn't going to come in and knock the floor out from under you.

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.