LONRHO (lnaff) and limit orders

by digitaldeity | May 12, 2012 2:00 pm

I’m a novice, but I really like this website. Anyway, I was trying to open a small position on lnaff @ .15. 500 dollars if anyone is curious to play a little of Travis’s picks! I thought about aoiff , but I needed to open up a different brokerage account to buy shares, and that’s when it jumped 30%.

I believe the bid is .13 the ask is .21 on lnaff. It didn’t get fulfilled and I noticed that it went up %20 at the end of the day to .18. Should I have increased my limit order or is .15 a good entry point for lnaff? Since it’s a penny stock and on the grey market, I’m assuming that it’s more difficult to get the shares?

Source URL: https://www.stockgumshoe.com/2012/05/microblog-lonrho-lnaff-and-limit-orders/