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dsmith2

02/15/24 6:04 PM

#45440 RE: Smilin_B #45439

I feel your pain! I did a little test today- and told everyone on the board about it. Due to some very unusual spreads between bid and ask, i took a minuscule amount of shares and tried to sell them. Why you ask? Purely to see how the market would respond. As I tried to sell them, the market simply went lower on each price I lowered it to. I matched my trade to the bid on the Fidelity screen, sent the order, and instantly my price was undercut lower. So I changed the order for less, and it instantly dropped again. I did this all the way to .019 and it lowered the bid to .017. Here is the rub, while I was trying to sell shares, it lowered the ask to the price I was trying to to sell at. I had the ask clear down to .019. So friend, I share this to let you know that I tried to sell this stock at multiple lower bids. It wouldn’t let me sell. The irony of your message is who would sell it two cents? Nobody because it won’t let you.