written by reader How to Buy Warrants

by charlier1955 | August 13, 2013 9:18 pm

I have decided to start buying Gold Warrants. I have learned that you have to look at the current volume and prices before entering your order. I entered an order for 10,000 warrants[1] at a price a little higher that the last trade. Nothing happened for more than a week. I then noticed that the daily trading volume was less than 10,000. I then reduced the order to 5,000 and then raised my limit price to 3 cents over the last trade. It got filled immediately. I then entered a second order for 5,000 and it got filled immediately. I was very pleased.

Here is my question: I entered an order for 1000 Sandstorm 2017 warrants at a price a little lower than the last trade. It has sat for a week unfilled. I check the trades this morning. It shows 5000 traded at a penny below my price. WHY DID IT NOT GET FILLED? Thx

Endnotes:
  1. warrants: https://www.stockgumshoe.com/tag/warrants/

Source URL: https://www.stockgumshoe.com/2013/08/microblog-how-to-buy-warrants/


One response to “written by reader How to Buy Warrants”

  1. peejay says:

    Sometimes the Internet based charts do not tally with those of the market maker. I have had the same problems – it can be an advantage, when you’re betting on the wrong direction!

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