Started By
Message

re: Lnglf.....who has been stocking up?

Posted on 7/29/14 at 10:54 am to
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16961 posts
Posted on 7/29/14 at 10:54 am to
guys, help an amateur out real quick.

i am not familiar with limit orders and Scottrade has advised me thats how it has to be done for LNGLF.

please advise.

quote:

Unable to enter order because orders for Bulletin Board, Pink Sheet and Foreign ADR/ORD securities must be placed as limit orders.
Posted by kennypowers816
New Orleans
Member since Jan 2010
2446 posts
Posted on 7/29/14 at 10:59 am to
Change order type to "limit" and set a price. Scottrade will basically use that amount as an upper limit for purchasing the stock. Your order will not be filled unless it is at or below that price.

As I'm typing, the last price for LNGLF is 4.01. The bid is 4.01 and the ask is 4.02. If you want to fill your order right now, set your limit for 4.02 and it should fill. If you think it will dip back down below 4, set your limit to 3.99 and it won't fill until the price drops to 3.99, but if it never drops down to 3.99 today, the your order will expire if it is set to expire today.

Hope that helps.

ETA: Investopedia is your friend. LINK You can go there for simple definitions of things like limit orders. Also, scottrade has resources on its own website that explain the different types of orders it offers. You should read that for sure.
This post was edited on 7/29/14 at 11:01 am
Posted by kennypowers816
New Orleans
Member since Jan 2010
2446 posts
Posted on 7/29/14 at 10:59 am to
double post
This post was edited on 7/29/14 at 11:01 am
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8599 posts
Posted on 7/29/14 at 11:00 am to
Click on "Order Type" and choose "Limit", then I just use the current trading price as the limit. It should fill unless the price jumps as you're entering the order.

Posted by bubbz
Baton Rouge
Member since Mar 2006
22845 posts
Posted on 7/30/14 at 9:55 am to
Down 8.5% this morning. May be a good time to buy...
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram