OTC BB help
I got into XXXX (otcbb) earlier today @ .54 cents, and the volume hasn't moved since. I'm a fairly new trader, any advise on how to get out of this trade? Bid is .30, ask is .50 and I have 1k shares.
[Admin edit: Stock name removed because it's irrelevant to this question.]
[Admin edit: Stock name removed because it's irrelevant to this question.]
The obvious answer is to sell at market. How many are on the bid? If 1,000 or more you'll get filled. They cost you $540 + commission and you will get back $300 less commission so you will be down $240 + comm.
Out of interest. Why did you get into them in the first place?
Out of interest. Why did you get into them in the first place?
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