Hi All,
Today I attempted to buy 20,000 shares of Tyhee on the pink sheets (TYHJF.PK) with a bid of 13.5 cents U.S. At the time, the stock was trading north of 14 cents. At some point, the stock price dropped to 12.55 cents and my order still wasn't filled. Was this because there weren't enough shares being offered below 13.5 cents to fill my order, so some other person who wanted to buy a lower amount of shares got them at 12.55 cents?
In general, what are some techniques I should be using to buy Tyhee shares on the pink sheets without getting whacked by a market order? If I want 20,000 shares, should I make several smaller orders? Don't really want to rack up the commissions that way but if I have to...
Thanks for your help! I enjoy reading you guys and hope to contribute more in the future.
Barley