If I bought a stock in a sub penny stock around .001 and it’s now .20, my questions are as follows: Is there a limit to how many shares I can sell at once? If I place a market order to sell 150 million shares at once, roughly what would the range be that they would all sell for? I don’t want to really do multiple sales all the way up, I’d rather just cash out. Say the current price is .20 Thank you in advance…
If for example the stock trades $10,000 in volume (shares traded x price), then you dumping anything above that will crash the stock and you will not get 20c per share. You need to sell in small amounts or you make the price drop, unless there are buyers willing to pay that price.
This ^ You may also want to make sure each sale is with a limit order instead of market to ensure you get the price you want. I'd start dumping in small batches with limit orders.
