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question on otc bb stocks


lost said: "do they have after market tradding?"

LanceJ said: "[QUOTE=lost]do they have after market tradding?[/QUOTE] No, the OTCBB does not have an After Hours Trading Session from my understanding: liquidity and float are too much of an issue. I've had problems executing After Hours Trading on major securities on major stock exchanges (not as many Market Makers willing and able, buyers and sellers, etc..)... so personally, I found it wasn't worth it to spend more per trade to make After Hours Trades for my investing style. Pffff.... like years ago when I first began, man, I HAD to buy more stock of AOL... There was some sort of pending news story that I was convinced when everyone else read it the next day, the stock would soar... so I purchased in the After Hours Trading session....pffff...... it opens the next morning, trades sideways, and dives a few $$... I could have just waited until the next day and actually got in at a better price.... and that was the beginning of wisdom for me.... that trying to perfectly time the stock market using After Hours Trading sessions is a little like reading tea leaves at the bottom of a cup... it's all about luck, and as they say, it's better to be lucky than good."

colden said: "[QUOTE=lost]do they have after market tradding?[/QUOTE] Good question. But why bother? They are so thinly traded that you may be asking for trouble. Coupled with the fact that many (all?) brokerage houses will not allow stop limits on bb stocks, your stock may be caught in a downdraft when your market order to sell is placed. In other words, you stand a very high chance of not getting your price."

lil dickie said: "Good point about the stop-loss.... That could get you in serious trouble."

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