I have been burned before on a $ 5.00 otcbb stock. I had a 1,000 share sell order at $ 5.25 with the bid at 5.10 ask at $ 5.35. The stock traded all day above me at $5.35 so by the end of the day I put a sell on at market. Then I changed the order the bid was at $ 5.10 but after I place the market order the shares for sold for $4.75 as the bid suddenly dropped.
I now if I had put at market the 0.021 ask would probably have jumped to 0.027 just like it did today.
Let's hope things really do turn around.
Cheers.
PS were did the spell check go. I can not seem to find it with IHUB