Replies to post #23502 on Kraig Biocraft Laboratories Inc (KBLB)

[bosscrei]

Almost all brokers require limit orders on penny stocks because of the risk involved.

[TheEternalChampion]

I think that's why (at least with Ameritrade) they don't allow TradeTriggers with OTC stocks. They are too unpredictable and often manipulated. Triggers would be kicking you out all the time and you would be left in the dust when the swings occur. Although I can set limit orders ahead. Kind of like a trigger to sell (example Sell 50,000 shares KBLB @ $10.00 exp 09/12) at whatever price I want and set a date of exp on that limit order.

GO KBLB.