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Slojab

07/06/23 3:07 PM

#111509 RE: Strategyone #111508

I'm sure you're aware that only an MM can pick up shares that are dumped out of an account at $.000001. For retail, $.0001 is bottom. And an MM would be more than happy to fill that order with those he picked up at $.000001.

But sometimes, they get stuck with them when the ticker dies. But that's the business that they're in. Win some, lose some.
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Elkay11

07/07/23 9:33 PM

#111511 RE: Strategyone #111508

Retail can only get .0001. So I got bottoms...
MM's crosstrade below the .0000
No major platform will allow you to do anything but a limit order with 4 decimal places.

However, there are some platforms that allow market buys on OTC.
I have heard that one could get lucky with a perfectly timed market buy if someone drops the ball on the other end, which is highly unlikely in reality.