re: shares for sale at $10 (also consider GTD vs GTC)

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robvanhooren

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re: shares for sale at $10 (also consider GTD vs GTC)

in response to

Re: I just put my shares for sale at $10 to the end of the month.

gr8day44

posted on Sep 05, 2014 11:57AM

the price over market is variable between brokers.

I tried $50 all the way down to $15 -- all rejected, but $10 was accepted.

if you do this, watch them VERY VERY VERY carefully ... we all know how fast PTK can move.

ie, don't put up a GTC and go fishing for three weeks.

make sure you have enough headroom that a sudden unexpected pop won't take them out (unless that's what you really want to happen).

lastly, don't necessarily do it with ALL your shares -- you may be locked in to a place you don't want to be if there's a halt.