Can you place a buy order for Bulletin Board and Pink Sheet stocks that include more than four decimal places?
2006-12-19 15:06:38 · 2 answers · asked by as618 2 in Business & Finance ➔ Investing
No. If you try, your broker web site or broker will let you know.
By the way, buying a stock at 0.0001 and selling for 0.0002 is much harder than it looks!
2006-12-19 15:13:25 · answer #1 · answered by kcincon 3 · 0⤊ 0⤋
Step a million; verify the optimal volume you could tolerate dropping in "Penny" shares (BB & crimson sheet) Step 2; Flush that quantity of money down a bathroom, or provide it to a highway individual. Step 3; understand that if something is that much less costly, it is by means of the indisputable fact that's crap. decrease orders are in many cases required for penny shares because of the fact they're SO volatile... in case you have $50 to waste on a 50 cent inventory, purchase one proportion of a $50 corporation that unquestionably makes money and could pay a dividend rather. Ten years from now you would be older & smarter AND richer!
2016-12-18 16:25:08 · answer #2 · answered by Erika 4 · 0⤊ 0⤋