Could not sell out of a penny stock

Discussion in 'Trading' started by Whip, Aug 21, 2020.

  1. gkishot

    gkishot

    Are you sure the amount of shares the platform was trying to sell was not greater than your position amount? It seems like it to me.
     
    #11     Aug 23, 2020
  2. Whip

    Whip

    The hotkey was set to sell half of open position if thats what you're asking.
     
    #12     Aug 23, 2020
  3. gkishot

    gkishot

    That's what 'hard to borrow' means. The platform was trying to sell short.
     
    #13     Aug 23, 2020
  4. Whip

    Whip

    I wan't borrowing, I was selling the shares I already had. Did you read qlai's post?
     
    #14     Aug 23, 2020
  5. %%
    And a stock that moves $17to 27 in one day+ gaps down 50% in 24 hours; sounds like he got off easy.
    Or put another way; why would anyone name a stock that hit $100 bucks a penny stock??
    $16 to $3 in one week; expect more horrible fills/surprises/trouble.
    NOT to worry; if this bull market turns into a bear----- that stock could move up big time:caution::caution::caution::caution::caution::caution::caution::caution:
     
    #15     Aug 23, 2020
  6. Whip

    Whip

    It had nothing to do with the penny stock at all as it turns out. Well, it was hard to borrow because it was a low float penny stock. But the reason for error was I was going net short on the position after accounting for stop loss quantity.
     
    #16     Aug 25, 2020