No you are not wrong but scottrade is weird with how they let you set sub-penny stocks. You can not set them too far above what they are valued at today I think the only way to set them to a dollar as of this moment is to call and make a request to do so. Other wise just lock it up at 2-3 cents and modify it when it goes up. Hope that helped. If you have free trades always remember to modify them and not cancel and redo them with scottrade because they will take away your freebies. :(