Replies to post #1984 on Investor Help (NO Ihub questions)

[cintrix]

I think you have market orders and limit orders confused here.

I've sold a tiny traded Stock VRNI (Virogen OTCBB) at the ask price via market order, but it didn't get filled at the price I wanted (ask) but at the bid price.
If you entered a sell order using a market order, they will fill it immediately at the best possible price, which is usually the bid price. If you placed that sale using a limit order at a specific price, they would fill it at the price you entered or higher, not at a price below what you entered. I am not really understanding what you did, unless maybe you placed a Stop Limit Order, instead of regular limit order. When you place a stop order, you're placing an order that will turn into a market order when the stock reaches the stop price.