Replies to post #239088 on Mike Lindell Media Corp (MLMC)

[friniteshopper]

I believe that he is saying that you show your cards with a GTC. They see where people have their buys in and they move the price down to your price. In this case, you probably get diltion(sp???) shares. Since people that bought higher probably won't be selling to you down there for a loss. (thus the drag.) If you wait and see if the price drops down to the price you want, then you just put your order in then (I am assuming a market order), the price will come up to you. I guess you would get it at the ask instead of at the bid (so it will be 1 tick up). I may just be babbling here, but I think this is right. IMO

[william2112]

in your situation..and most others..you have to use a limit order here...and it's not the fact that it is "good till canceled"..as it is "how long you sit there with it"---let it sit for a couple of minutes at the most..if it doesn't fill...pull it..and try again---let them(mm's) see as "little of your order" as possible---but the fact is....if you really want something....just buy it...so how bad do you want it..eh?...ask yourself that----best of luck!


sinc,

bill

ps...JUST MY OPINION