Replies to post #20447 on PPJ Healthcare Enterprises Inc (PPJE)

[Dollabilly]

I'm starting to think that way myself. Gets boring having money tied up in this just to watch it do nothing. I'll probably stick around beyond Friday but patience is wearing thin. I'm sure when I sell, it'll skyrocket!

[backfill]

Here's the way I understand it to work:

If bid is .0002 and ask is .0003, you can only sell at .0002. reason is, the market maker takes your shares into inventory when you sell. If you were able to sell at .0003, then the MM bought at .0003. If the ask is still only .0003, and they have inventory, they are by all intents and purposes obligated to fill buy orders at the ask, so any buyers willing to pay .0003 will get then that inventory at the expense of the MM having worked for free. Hmmmmm... a market maker working for free.... bwahaha.

That said, if you want to sell at .0003, you'll need to wait until the BID is .0003.