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Reply #13: "Is that even possible" [View All]

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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 10:24 PM
Response to Reply #12
13. "Is that even possible"
Only if he was able to get executed for that price.

He might have been bragging that he THOUGHT he bought a million shares at a penny, but I'm willing to bet he didn't get executed on even a fraction of that million at one cent and he'll be lucky if the broker doesn't bust the trade entirely.

There had to be a million shares willing to be sold for one cent in order for his order to be filled. I find that highly unlikely.
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