Let's say you put a bid of 5000 shares at .05 or whatever price and just leave it there as a GTC order.
It may be filled by anyone wanting to sell, not just a market maker
If you're patient you might get filled at your (better)lower price.
It might take days or weeks. However, there's also the risk that someone might raise their bid above yours and get filled first by a seller.
Danni has the right idea, buy whatever gets thrown away at a low bid. Danni has been accumulating for sometime I've noticed.
But buy only what you're willing to risk losing.
You may know all this, I'm just saying it in case you don't.
Hope everyone does well.
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