Every brokerage I have ever dealt with requires a limit order for pennies, and that is to protect you. When you are selling, you only get to fill the outstanding bid orders. So, even though the price you see is .10, for example, there may only be one bid order for 1,000 shares at that price point. The next open bid might be at .08 for 1,000....then .06 for 10,000, and so on. So if you're trying to sell shares in excess of the available bids using a market order, you will see cascading diminishing returns with every bid order filled. That's why you set a limit and use a limit order. It protects you (in theory) by only filling those bids that are at or in excess of your chosen limit. You don't worry about that with larger stocks because there is so much more volume they can almost always accommodate market orders because there are so many more bids. Now, all that said...you have been the biggest proponent of this stock bar none....why are you all of a sudden entertaining thoughts of a potential early exit?
News 
Market Data 
Discover 
